DKK/CZK - 1H - Technical analysis published on 06/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
33%
56%
My opinion
Bullish above 3.3052 CZK
My targets
3.3201 CZK (+0.0067)
3.3385 CZK (+0.0251)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DKK/CZK. As long as you are above the support located at 3.3052 CZK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.3201 CZK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3.3385 CZK as an objective. Crossing it would then enable buyers to target 3.3837 CZK. If the support 3.3052 CZK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DKK/CZK rating 3.3134 CZK. The price registered a decrease of -0.07% on the session and was traded between 3.3090 CZK and 3.3198 CZK over the period. The price is currently at +0.13% from its lowest and -0.19% from its highest.3.3090
3.3198
3.3134
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 2 are bullish, 10 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
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 several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
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 | 3.2913 | 3.3002 | 3.3052 | 3.3134 | 3.3150 | 3.3201 | 3.3230 |
| Change (%) | -0.67% | -0.40% | -0.25% | - | +0.05% | +0.20% | +0.29% |
| Change | -0.0221 | -0.0132 | -0.0082 | - | +0.0016 | +0.0067 | +0.0096 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2964 | 3.3007 | 3.3081 | 3.3124 | 3.3198 | 3.3241 | 3.3315 |
| Camarilla | 3.3124 | 3.3135 | 3.3145 | 3.3156 | 3.3167 | 3.3178 | 3.3188 |
| Woodie | 3.2981 | 3.3015 | 3.3098 | 3.3132 | 3.3215 | 3.3249 | 3.3332 |
| Fibonacci | 3.3007 | 3.3051 | 3.3079 | 3.3124 | 3.3168 | 3.3196 | 3.3241 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2548 | 3.2720 | 3.2885 | 3.3057 | 3.3222 | 3.3394 | 3.3559 |
| Camarilla | 3.2956 | 3.2987 | 3.3018 | 3.3049 | 3.3080 | 3.3111 | 3.3142 |
| Woodie | 3.2544 | 3.2718 | 3.2881 | 3.3055 | 3.3218 | 3.3392 | 3.3555 |
| Fibonacci | 3.2720 | 3.2849 | 3.2929 | 3.3057 | 3.3186 | 3.3266 | 3.3394 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2024 | 3.2502 | 3.2808 | 3.3286 | 3.3592 | 3.4070 | 3.4376 |
| Camarilla | 3.2897 | 3.2969 | 3.3041 | 3.3113 | 3.3185 | 3.3257 | 3.3329 |
| Woodie | 3.1937 | 3.2459 | 3.2721 | 3.3243 | 3.3505 | 3.4027 | 3.4289 |
| Fibonacci | 3.2502 | 3.2802 | 3.2987 | 3.3286 | 3.3586 | 3.3771 | 3.4070 |
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): | 47.79 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | -1.4414 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 3.3155 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.3100 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 3.3085 | |
| Zig ZAG (10): | 3.3132 | |
| VORTEX (21): | 0.9938 | |
| Stochastique (14,3,5): | 51.54 | |
| TEMA (21): | 3.3153 | |
| Williams %R (14): | -57.41 | |
| Chande Momentum Oscillator (20): | -0.0018 | |
| Repulse (5,40,3): | -0.0558 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0056 | |
| Courbe Coppock: | 0.00 |
| MA7: | 3.3067 | |
| MA20: | 3.3092 | |
| MA50: | 3.3432 | |
| MA100: | 3.3648 | |
| MAexp7: | 3.3146 | |
| MAexp20: | 3.3143 | |
| MAexp50: | 3.3123 | |
| MAexp100: | 3.3103 | |
| Price / MA7: | +0.20% | |
| Price / MA20: | +0.13% | |
| Price / MA50: | -0.89% | |
| Price / MA100: | -1.53% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
-
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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