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

DKK/NOK - 1H - Technical analysis published on 09/15/2022 (GMT)

  • 163
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • 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
94%
0%
6%
My opinion
Bullish above 1.3617 NOK
My targets
1.3706 NOK (+0.0030)
1.3843 NOK (+0.0167)
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/NOK as long as the price remains well above 1.3617 NOK. The buyers' bullish objective is set at 1.3706 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3843 NOK. If there is any crossing, the next objective would be the resistance located at 1.3978 NOK. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1

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

DKK/NOK rating 1.3676 NOK. The price has increased by +0.97% since the last closing with the lowest point at 1.3535 NOK and the highest point at 1.3678 NOK. The deviation from the price is +1.04% for the low point and -0.01% for the high point.

1.3535
1.3678
1.3676

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of DKK/NOK in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3523 1.3577 1.3617 1.3676 1.3706 1.3978 1.4125
Change (%) -1.12% -0.72% -0.43% - +0.22% +2.21% +3.28%
Change -0.0153 -0.0099 -0.0059 - +0.0030 +0.0302 +0.0449
Level Intermediate Minor Major - Intermediate Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34011.34581.35021.35591.36031.36601.3704
Camarilla1.35171.35271.35361.35451.35541.35641.3573
Woodie1.33941.34551.34951.35561.35961.36571.3697
Fibonacci1.34581.34971.35211.35591.35981.36221.3660


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.29551.31021.32511.33981.35471.36941.3843
Camarilla1.33181.33451.33721.33991.34261.34531.3480
Woodie1.29551.31031.32511.33991.35471.36951.3843
Fibonacci1.31021.32151.32851.33981.35111.35811.3694


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.24931.27051.30711.32831.36491.38611.4227
Camarilla1.32791.33321.33851.34381.34911.35441.3597
Woodie1.25711.27441.31491.33221.37271.39001.4305
Fibonacci1.27051.29261.30621.32831.35041.36401.3861

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): 79.85
MACD (12,26,9): 0.0029
Directional Movement: 23.3395
AROON (14): 64.2857
DEMA (21): 1.3634
Parabolic SAR (0,02-0,02-0,2): 1.3591
Elder Ray (13): 0.0047
Super Trend (3,10): 1.3584
Zig ZAG (10): 1.3671
VORTEX (21): 1.2893
Stochastique (14,3,5): 90.80
TEMA (21): 1.3650
Williams %R (14): -2.31
Chande Momentum Oscillator (20): 0.0109
Repulse (5,40,3): 0.2866
ROCnROLL: 1
TRIX (15,9): 0.0173
Courbe Coppock: 1.33
MA7: 1.3507
MA20: 1.3315
MA50: 1.3405
MA100: 1.3578
MAexp7: 1.3640
MAexp20: 1.3601
MAexp50: 1.3563
MAexp100: 1.3522
Price / MA7: +1.25%
Price / MA20: +2.71%
Price / MA50: +2.02%
Price / MA100: +0.72%
Price / MAexp7: +0.26%
Price / MAexp20: +0.55%
Price / MAexp50: +0.83%
Price / MAexp100: +1.14%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
16050
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis DKK/NOK - 1H