DKK/CZK - 1H - Technical analysis published on 10/29/2023 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 3.2980 CZK and 3.3090 CZK
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 3.2980 CZK. The first resistance is located at 3.3090 CZK. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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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 rating is 3.3031 CZK. The price is lower by -0.02% since the last closing and was between 3.2980 CZK and 3.3059 CZK. This implies that the price is at +0.15% from its lowest and at -0.08% from its highest.3.2980
3.3059
3.3031
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/CZK in 1H shows an overall slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.2957 | 3.2980 | 3.3021 | 3.3031 | 3.3043 | 3.3090 | 3.3110 |
| Change (%) | -0.22% | -0.15% | -0.03% | - | +0.04% | +0.18% | +0.24% |
| Change | -0.0074 | -0.0051 | -0.0010 | - | +0.0012 | +0.0059 | +0.0079 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2812 | 3.2904 | 3.2970 | 3.3062 | 3.3128 | 3.3220 | 3.3286 |
| Camarilla | 3.2993 | 3.3007 | 3.3022 | 3.3036 | 3.3051 | 3.3065 | 3.3080 |
| Woodie | 3.2799 | 3.2898 | 3.2957 | 3.3056 | 3.3115 | 3.3214 | 3.3273 |
| Fibonacci | 3.2904 | 3.2964 | 3.3002 | 3.3062 | 3.3122 | 3.3160 | 3.3220 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2666 | 3.2800 | 3.2882 | 3.3016 | 3.3098 | 3.3232 | 3.3314 |
| Camarilla | 3.2905 | 3.2924 | 3.2944 | 3.2964 | 3.2984 | 3.3004 | 3.3023 |
| Woodie | 3.2640 | 3.2787 | 3.2856 | 3.3003 | 3.3072 | 3.3219 | 3.3288 |
| Fibonacci | 3.2800 | 3.2883 | 3.2934 | 3.3016 | 3.3099 | 3.3150 | 3.3232 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.0606 | 3.1160 | 3.1954 | 3.2508 | 3.3302 | 3.3856 | 3.4650 |
| Camarilla | 3.2377 | 3.2501 | 3.2624 | 3.2748 | 3.2872 | 3.2995 | 3.3119 |
| Woodie | 3.0726 | 3.1220 | 3.2074 | 3.2568 | 3.3422 | 3.3916 | 3.4770 |
| Fibonacci | 3.1160 | 3.1675 | 3.1993 | 3.2508 | 3.3023 | 3.3341 | 3.3856 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.85 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -3.3266 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 3.3016 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.3051 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 3.3075 | |
| Zig ZAG (10): | 3.3031 | |
| VORTEX (21): | 0.9513 | |
| Stochastique (14,3,5): | 57.38 | |
| TEMA (21): | 3.3015 | |
| Williams %R (14): | -35.44 | |
| Chande Momentum Oscillator (20): | -0.0003 | |
| Repulse (5,40,3): | 0.0649 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0047 | |
| Courbe Coppock: | 0.10 |
| MA7: | 3.3016 | |
| MA20: | 3.2953 | |
| MA50: | 3.2735 | |
| MA100: | 3.2414 | |
| MAexp7: | 3.3022 | |
| MAexp20: | 3.3027 | |
| MAexp50: | 3.3038 | |
| MAexp100: | 3.3037 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +0.24% | |
| Price / MA50: | +0.90% | |
| Price / MA100: | +1.90% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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