DKK/HUF - 1H - Technical analysis published on 08/07/2023 (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 bearish
Underlying:
Slightly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 52.451 HUF
My targets
52.079 HUF (-0.238)
51.777 HUF (-0.540)
My analysis
The strong short-term decline of DKK/HUF reinforces the current slightly bearish trend. As long as the price remains below 52.451 HUF, you could take advantage of this bearish acceleration. The first bearish objective is located at 52.079 HUF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 51.777 HUF as an objective. Crossing it would then enable sellers to target 51.499 HUF. A return to above 52.451 HUF would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3
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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/HUF rating is 52.317 HUF. On the day, this instrument gained +0.18% and was between 52.220 HUF and 52.318 HUF. This implies that the price is at +0.19% from its lowest and at +0.00% from its highest.52.220
52.318
52.317
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DKK/HUF:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/HUF in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 51.499 | 51.777 | 52.079 | 52.317 | 52.451 | 52.918 | 54.611 |
| Change (%) | -1.56% | -1.03% | -0.45% | - | +0.26% | +1.15% | +4.38% |
| Change | -0.818 | -0.540 | -0.238 | - | +0.134 | +0.601 | +2.294 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Minor |
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 | 52.097 | 52.155 | 52.190 | 52.248 | 52.283 | 52.341 | 52.376 |
| Camarilla | 52.199 | 52.208 | 52.217 | 52.225 | 52.234 | 52.242 | 52.251 |
| Woodie | 52.086 | 52.149 | 52.179 | 52.242 | 52.272 | 52.335 | 52.365 |
| Fibonacci | 52.155 | 52.191 | 52.213 | 52.248 | 52.284 | 52.306 | 52.341 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.976 | 50.710 | 51.504 | 52.238 | 53.032 | 53.766 | 54.560 |
| Camarilla | 51.878 | 52.018 | 52.158 | 52.298 | 52.438 | 52.578 | 52.718 |
| Woodie | 50.006 | 50.725 | 51.534 | 52.253 | 53.062 | 53.781 | 54.590 |
| Fibonacci | 50.710 | 51.294 | 51.654 | 52.238 | 52.822 | 53.182 | 53.766 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.270 | 49.118 | 50.550 | 51.398 | 52.830 | 53.678 | 55.110 |
| Camarilla | 51.355 | 51.564 | 51.773 | 51.982 | 52.191 | 52.400 | 52.609 |
| Woodie | 48.562 | 49.264 | 50.842 | 51.544 | 53.122 | 53.824 | 55.402 |
| Fibonacci | 49.118 | 49.989 | 50.527 | 51.398 | 52.269 | 52.807 | 53.678 |
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): | 37.45 | |
| MACD (12,26,9): | -0.0940 | |
| Directional Movement: | -10.578 | |
| AROON (14): | -21.429 | |
| DEMA (21): | 52.259 | |
| Parabolic SAR (0,02-0,02-0,2): | 52.071 | |
| Elder Ray (13): | -0.075 | |
| Super Trend (3,10): | 52.559 | |
| Zig ZAG (10): | 52.237 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 34.38 | |
| TEMA (21): | 52.162 | |
| Williams %R (14): | -66.44 | |
| Chande Momentum Oscillator (20): | 0.049 | |
| Repulse (5,40,3): | -0.0070 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0230 | |
| Courbe Coppock: | 1.19 |
| MA7: | 52.170 | |
| MA20: | 51.215 | |
| MA50: | 50.498 | |
| MA100: | 50.456 | |
| MAexp7: | 52.267 | |
| MAexp20: | 52.370 | |
| MAexp50: | 52.408 | |
| MAexp100: | 52.257 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | +2.15% | |
| Price / MA50: | +3.60% | |
| Price / MA100: | +3.69% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | +0.11% |
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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