DKK/CZK - 1H - Technical analysis published on 08/28/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 3.2387 CZK
My targets
3.2276 CZK (-0.0044)
3.2231 CZK (-0.0089)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on DKK/CZK as long as the price remains well below 3.2387 CZK. The next bearish objective for sellers is set at 3.2276 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.2231 CZK. In case of crossing, the next objective would be the support located at 3.2199 CZK.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DKK/CZK price is 3.2320 CZK. The price is lower by -0.02% since the last closing and was traded between 3.2270 CZK and 3.2389 CZK over the period. The price is currently at +0.15% from its lowest and -0.21% from its highest.3.2270
3.2389
3.2320
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.
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:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
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 slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.2231 | 3.2276 | 3.2302 | 3.2320 | 3.2334 | 3.2387 | 3.2407 |
| Change (%) | -0.28% | -0.14% | -0.06% | - | +0.04% | +0.21% | +0.27% |
| Change | -0.0089 | -0.0044 | -0.0018 | - | +0.0014 | +0.0067 | +0.0087 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2118 | 3.2200 | 3.2262 | 3.2344 | 3.2406 | 3.2488 | 3.2550 |
| Camarilla | 3.2285 | 3.2299 | 3.2312 | 3.2325 | 3.2338 | 3.2351 | 3.2365 |
| Woodie | 3.2109 | 3.2195 | 3.2253 | 3.2339 | 3.2397 | 3.2483 | 3.2541 |
| Fibonacci | 3.2200 | 3.2255 | 3.2289 | 3.2344 | 3.2399 | 3.2433 | 3.2488 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.1923 | 3.2048 | 3.2187 | 3.2312 | 3.2451 | 3.2576 | 3.2715 |
| Camarilla | 3.2252 | 3.2277 | 3.2301 | 3.2325 | 3.2349 | 3.2373 | 3.2398 |
| Woodie | 3.1929 | 3.2052 | 3.2193 | 3.2316 | 3.2457 | 3.2580 | 3.2721 |
| Fibonacci | 3.2048 | 3.2149 | 3.2212 | 3.2312 | 3.2413 | 3.2476 | 3.2576 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.1100 | 3.1453 | 3.1753 | 3.2106 | 3.2406 | 3.2759 | 3.3059 |
| Camarilla | 3.1874 | 3.1934 | 3.1994 | 3.2054 | 3.2114 | 3.2174 | 3.2234 |
| Woodie | 3.1075 | 3.1440 | 3.1728 | 3.2093 | 3.2381 | 3.2746 | 3.3034 |
| Fibonacci | 3.1453 | 3.1702 | 3.1856 | 3.2106 | 3.2355 | 3.2509 | 3.2759 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.98 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -1.7041 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 3.2320 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.2288 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 3.2406 | |
| Zig ZAG (10): | 3.2320 | |
| VORTEX (21): | 0.8888 | |
| Stochastique (14,3,5): | 38.66 | |
| TEMA (21): | 3.2311 | |
| Williams %R (14): | -57.98 | |
| Chande Momentum Oscillator (20): | -0.0020 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0063 | |
| Courbe Coppock: | 0.18 |
| MA7: | 3.2310 | |
| MA20: | 3.2366 | |
| MA50: | 3.2138 | |
| MA100: | 3.1898 | |
| MAexp7: | 3.2324 | |
| MAexp20: | 3.2337 | |
| MAexp50: | 3.2346 | |
| MAexp100: | 3.2335 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | +0.57% | |
| Price / MA100: | +1.32% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.05% |
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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