DKK/HKD - 1H - Technical analysis published on 09/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 1.1571 HKD
My targets
1.1637 HKD (+0.0016)
1.1695 HKD (+0.0074)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DKK/HKD as long as the price remains well above 1.1571 HKD. The buyers' bullish objective is set at 1.1637 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1695 HKD. If there is any crossing, the next objective would be the resistance located at 1.1776 HKD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.7
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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/HKD rating is 1.1621 HKD. The price is lower by -0.01% since the last closing with the lowest point at 1.1612 HKD and the highest point at 1.1625 HKD. The deviation from the price is +0.08% for the low point and -0.03% for the high point.1.1612
1.1625
1.1621
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DKK/HKD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1550 | 1.1571 | 1.1615 | 1.1621 | 1.1637 | 1.1695 | 1.1776 |
| Change (%) | -0.61% | -0.43% | -0.05% | - | +0.14% | +0.64% | +1.33% |
| Change | -0.0071 | -0.0050 | -0.0006 | - | +0.0016 | +0.0074 | +0.0155 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1532 | 1.1553 | 1.1588 | 1.1609 | 1.1644 | 1.1665 | 1.1700 |
| Camarilla | 1.1607 | 1.1612 | 1.1617 | 1.1622 | 1.1627 | 1.1632 | 1.1637 |
| Woodie | 1.1538 | 1.1557 | 1.1594 | 1.1613 | 1.1650 | 1.1669 | 1.1706 |
| Fibonacci | 1.1553 | 1.1575 | 1.1588 | 1.1609 | 1.1631 | 1.1644 | 1.1665 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1412 | 1.1455 | 1.1514 | 1.1557 | 1.1616 | 1.1659 | 1.1718 |
| Camarilla | 1.1545 | 1.1554 | 1.1564 | 1.1573 | 1.1582 | 1.1592 | 1.1601 |
| Woodie | 1.1420 | 1.1459 | 1.1522 | 1.1561 | 1.1624 | 1.1663 | 1.1726 |
| Fibonacci | 1.1455 | 1.1494 | 1.1518 | 1.1557 | 1.1596 | 1.1620 | 1.1659 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0908 | 1.1098 | 1.1325 | 1.1515 | 1.1742 | 1.1932 | 1.2159 |
| Camarilla | 1.1437 | 1.1476 | 1.1514 | 1.1552 | 1.1590 | 1.1629 | 1.1667 |
| Woodie | 1.0927 | 1.1107 | 1.1344 | 1.1524 | 1.1761 | 1.1941 | 1.2178 |
| Fibonacci | 1.1098 | 1.1257 | 1.1356 | 1.1515 | 1.1674 | 1.1773 | 1.1932 |
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): | 54.68 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 5.8558 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 1.1623 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1628 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.1598 | |
| Zig ZAG (10): | 1.1616 | |
| VORTEX (21): | 1.0324 | |
| Stochastique (14,3,5): | 27.78 | |
| TEMA (21): | 1.1619 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | -0.0035 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0085 | |
| Courbe Coppock: | 0.02 |
| MA7: | 1.1563 | |
| MA20: | 1.1595 | |
| MA50: | 1.1485 | |
| MA100: | 1.1391 | |
| MAexp7: | 1.1617 | |
| MAexp20: | 1.1615 | |
| MAexp50: | 1.1601 | |
| MAexp100: | 1.1583 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | +1.18% | |
| Price / MA100: | +2.02% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.33% |
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.
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