DKK/HUF - 1H - Technical analysis published on 05/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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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
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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:
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 49.341 | 49.467 | 49.681 | 49.807 | 50.021 | 50.147 | 50.361 |
| Camarilla | 49.802 | 49.833 | 49.864 | 49.895 | 49.926 | 49.957 | 49.989 |
| Woodie | 49.385 | 49.489 | 49.725 | 49.829 | 50.065 | 50.169 | 50.405 |
| Fibonacci | 49.467 | 49.597 | 49.677 | 49.807 | 49.937 | 50.017 | 50.147 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.873 | 49.334 | 49.621 | 50.082 | 50.369 | 50.830 | 51.117 |
| Camarilla | 49.701 | 49.770 | 49.838 | 49.907 | 49.976 | 50.044 | 50.113 |
| Woodie | 48.785 | 49.291 | 49.533 | 50.039 | 50.281 | 50.787 | 51.029 |
| Fibonacci | 49.334 | 49.620 | 49.797 | 50.082 | 50.368 | 50.545 | 50.830 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.704 | 48.639 | 49.353 | 50.288 | 51.002 | 51.937 | 52.651 |
| Camarilla | 49.615 | 49.766 | 49.917 | 50.068 | 50.219 | 50.370 | 50.522 |
| Woodie | 47.595 | 48.584 | 49.244 | 50.233 | 50.893 | 51.882 | 52.542 |
| Fibonacci | 48.639 | 49.269 | 49.658 | 50.288 | 50.918 | 51.307 | 51.937 |
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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