DKK/CZK - 1H - Technical analysis published on 01/30/2025 (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:
Bullish
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 3.3610 CZK
My targets
3.3767 CZK (+0.0101)
3.3894 CZK (+0.0228)
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 3.3610 CZK. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 3.3767 CZK. Then the price could move towards 3.3894 CZK. Then 3.4032 CZK by extension. Be careful, a return below 3.3610 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.9
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Additional analysis
Quotes
DKK/CZK rating 3.3666 CZK. The price is lower by -0.02% since the last closing and was traded between 3.3640 CZK and 3.3680 CZK over the period. The price is currently at +0.08% from its lowest and -0.04% from its highest.3.3640
3.3680
3.3666
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 (1 year)
Type : Bearish
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
Technical analysis of DKK/CZK in 1H shows an overall 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.3246 | 3.3579 | 3.3610 | 3.3666 | 3.3677 | 3.3767 | 3.3794 |
| Change (%) | -1.25% | -0.26% | -0.17% | - | +0.03% | +0.30% | +0.38% |
| Change | -0.0420 | -0.0087 | -0.0056 | - | +0.0011 | +0.0101 | +0.0128 |
| Level | Major | Major | Intermediate | - | Major | 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 | 3.3544 | 3.3577 | 3.3624 | 3.3657 | 3.3704 | 3.3737 | 3.3784 |
| Camarilla | 3.3649 | 3.3656 | 3.3664 | 3.3671 | 3.3678 | 3.3686 | 3.3693 |
| Woodie | 3.3551 | 3.3581 | 3.3631 | 3.3661 | 3.3711 | 3.3741 | 3.3791 |
| Fibonacci | 3.3577 | 3.3608 | 3.3626 | 3.3657 | 3.3688 | 3.3706 | 3.3737 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.3172 | 3.3377 | 3.3489 | 3.3694 | 3.3806 | 3.4011 | 3.4123 |
| Camarilla | 3.3513 | 3.3542 | 3.3571 | 3.3600 | 3.3629 | 3.3658 | 3.3687 |
| Woodie | 3.3125 | 3.3354 | 3.3442 | 3.3671 | 3.3759 | 3.3988 | 3.4076 |
| Fibonacci | 3.3377 | 3.3498 | 3.3573 | 3.3694 | 3.3815 | 3.3890 | 3.4011 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.3180 | 3.3345 | 3.3572 | 3.3737 | 3.3964 | 3.4129 | 3.4356 |
| Camarilla | 3.3691 | 3.3727 | 3.3763 | 3.3799 | 3.3835 | 3.3871 | 3.3907 |
| Woodie | 3.3211 | 3.3361 | 3.3603 | 3.3753 | 3.3995 | 3.4145 | 3.4387 |
| Fibonacci | 3.3345 | 3.3495 | 3.3587 | 3.3737 | 3.3887 | 3.3979 | 3.4129 |
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): | 54.43 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -5.7060 | |
| AROON (14): | -7.1428 | |
| DEMA (21): | 3.3669 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.3679 | |
| Elder Ray (13): | -0.0002 | |
| Super Trend (3,10): | 3.3629 | |
| Zig ZAG (10): | 3.3666 | |
| VORTEX (21): | 1.0132 | |
| Stochastique (14,3,5): | 55.00 | |
| TEMA (21): | 3.3665 | |
| Williams %R (14): | -40.00 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | 0.0049 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0026 | |
| Courbe Coppock: | 0.05 |
| MA7: | 3.3647 | |
| MA20: | 3.3719 | |
| MA50: | 3.3741 | |
| MA100: | 3.3798 | |
| MAexp7: | 3.3664 | |
| MAexp20: | 3.3664 | |
| MAexp50: | 3.3654 | |
| MAexp100: | 3.3656 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -0.16% | |
| Price / MA50: | -0.22% | |
| Price / MA100: | -0.39% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.03% |
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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