DKK/HUF
DKK HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: DKKHUF
ISIN:

DKK/HUF - 1H - Technical analysis published on 05/12/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 49.837 HUF
My targets
50.074 HUF (+0.181)
50.264 HUF (+0.371)
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/HUF as long as the price remains well above 49.837 HUF. The buyers' bullish objective is set at 50.074 HUF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 50.264 HUF. If there is any crossing, the next objective would be the resistance located at 50.544 HUF.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DKK/HUF price is 49.893 HUF. The price registered an increase of +0.00% on the session and was traded between 49.836 HUF and 49.931 HUF over the period. The price is currently at +0.11% from its lowest and -0.08% from its highest.

49.836
49.931
49.893

Here is a more detailed summary of the historical variations registered by DKK/HUF:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


Technical analysis of this 1H chart of DKK/HUF indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide 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 this result:

Central Patterns

Near resistance of channel

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


S3S2S1PriceR1R2R3
ProTrendLines 49.539 49.670 49.837 49.893 49.934 50.074 50.264
Change (%) -0.71% -0.45% -0.11% - +0.08% +0.36% +0.74%
Change -0.354 -0.223 -0.056 - +0.041 +0.181 +0.371
Level Major Minor Major - 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
Standard49.34149.46749.68149.80750.02150.14750.361
Camarilla49.80249.83349.86449.89549.92649.95749.989
Woodie49.38549.48949.72549.82950.06550.16950.405
Fibonacci49.46749.59749.67749.80749.93750.01750.147


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.87349.33449.62150.08250.36950.83051.117
Camarilla49.70149.77049.83849.90749.97650.04450.113
Woodie48.78549.29149.53350.03950.28150.78751.029
Fibonacci49.33449.62049.79750.08250.36850.54550.830


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.70448.63949.35350.28851.00251.93752.651
Camarilla49.61549.76649.91750.06850.21950.37050.522
Woodie47.59548.58449.24450.23350.89351.88252.542
Fibonacci48.63949.26949.65850.28850.91851.30751.937

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): 56.64
MACD (12,26,9): 0.0290
Directional Movement: -4.243
AROON (14): 64.286
DEMA (21): 49.914
Parabolic SAR (0,02-0,02-0,2): 49.931
Elder Ray (13): -0.004
Super Trend (3,10): 49.768
Zig ZAG (10): 49.899
VORTEX (21): 1.0340
Stochastique (14,3,5): 74.81
TEMA (21): 49.928
Williams %R (14): -38.54
Chande Momentum Oscillator (20): 0.005
Repulse (5,40,3): 0.0500
ROCnROLL: -1
TRIX (15,9): 0.0110
Courbe Coppock: 0.07
MA7: 49.903
MA20: 50.158
MA50: 50.879
MA100: 51.648
MAexp7: 49.897
MAexp20: 49.873
MAexp50: 49.843
MAexp100: 49.870
Price / MA7: -0.02%
Price / MA20: -0.53%
Price / MA50: -1.94%
Price / MA100: -3.40%
Price / MAexp7: -0.01%
Price / MAexp20: +0.04%
Price / MAexp50: +0.10%
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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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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