DKK/CZK
DKK CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: DKKCZK
ISIN:

DKK/CZK - 1H - Technical analysis published on 07/02/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 3.1881 CZK
My targets
3.2008 CZK (+0.0094)
3.2199 CZK (+0.0285)
My analysis
A bullish trend on DKK/CZK both in substance and in the short term. A purchase could be considered as long as the price remains above 3.1881 CZK. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 3.2008 CZK. Then the price could move towards 3.2199 CZK. Then 3.2608 CZK by extension. Be careful, a return below 3.1881 CZK would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DKK/CZK price is 3.1914 CZK. The price has increased by +0.25% since the last closing with the lowest point at 3.1914 CZK and the highest point at 3.1914 CZK. The deviation from the price is 0% for the low point and 0% for the high point.

3.1914
3.1914
3.1914

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DKK/CZK chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Long black line

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.1806 3.1840 3.1881 3.1914 3.1923 3.2008 3.2199
Change (%) -0.34% -0.23% -0.10% - +0.03% +0.29% +0.89%
Change -0.0108 -0.0074 -0.0033 - +0.0009 +0.0094 +0.0285
Level Intermediate Intermediate Minor - Minor Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.16413.17233.17803.18623.19193.20013.2058
Camarilla3.17983.18113.18233.18363.18493.18623.1874
Woodie3.16283.17173.17673.18563.19063.19953.2045
Fibonacci3.17233.17763.18093.18623.19153.19483.2001


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.13843.15183.16773.18113.19703.21043.2263
Camarilla3.17553.17823.18093.18363.18633.18903.1917
Woodie3.13973.15243.16903.18173.19833.21103.2276
Fibonacci3.15183.16303.16993.18113.19233.19923.2104


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.04243.09913.14143.19813.24043.29713.3394
Camarilla3.15643.16553.17453.18363.19273.20183.2108
Woodie3.03513.09553.13413.19453.23313.29353.3321
Fibonacci3.09913.13703.16033.19813.23603.25933.2971

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 42.56
MACD (12,26,9): 0.0012
Directional Movement: -1.0111
AROON (14): 0
DEMA (21): 3.1898
Parabolic SAR (0,02-0,02-0,2): 3.1933
Elder Ray (13): 0.0005
Super Trend (3,10): 3.1810
Zig ZAG (10): 3.1836
VORTEX (21): 1.0194
Stochastique (14,3,5): 51.46
TEMA (21): 3.1895
Williams %R (14): -99.09
Chande Momentum Oscillator (20): -0.0033
Repulse (5,40,3): -0.3350
ROCnROLL: 2
TRIX (15,9): 0.0075
Courbe Coppock: 0.16
MA7: 3.1791
MA20: 3.1826
MA50: 3.1730
MA100: 3.1709
MAexp7: 3.1886
MAexp20: 3.1879
MAexp50: 3.1851
MAexp100: 3.1826
Price / MA7: +0.39%
Price / MA20: +0.28%
Price / MA50: +0.58%
Price / MA100: +0.65%
Price / MAexp7: +0.09%
Price / MAexp20: +0.11%
Price / MAexp50: +0.20%
Price / MAexp100: +0.28%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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