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 10/28/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 1.3863 NOK
My targets
1.3727 NOK (-0.0035)
1.3575 NOK (-0.0187)
My analysis
DKK/NOK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.3863 NOK. The next support located at 1.3727 NOK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.3575 NOK. Below this support, sellers could then target 1.3413 NOK. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9

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 1.3762 NOK. On the day, this instrument lost -0.01% and was between 1.3753 NOK and 1.3785 NOK. This implies that the price is at +0.07% from its lowest and at -0.17% from its highest.

1.3753
1.3785
1.3762

Here is a more detailed summary of the historical variations registered by DKK/NOK:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


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

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal support

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 1.2961 1.3413 1.3727 1.3762 1.3863 1.3930 1.4013
Change (%) -5.82% -2.54% -0.25% - +0.73% +1.22% +1.82%
Change -0.0801 -0.0349 -0.0035 - +0.0101 +0.0168 +0.0251
Level Intermediate Major Major - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35141.36251.36941.38051.38741.39851.4054
Camarilla1.37141.37301.37471.37631.37801.37961.3813
Woodie1.34931.36151.36731.37951.38531.39751.4033
Fibonacci1.36251.36941.37361.38051.38741.39161.3985


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35751.37051.38081.39381.40411.41711.4274
Camarilla1.38461.38671.38891.39101.39311.39531.3974
Woodie1.35611.36981.37941.39311.40271.41641.4260
Fibonacci1.37051.37941.38491.39381.40271.40821.4171


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.24931.28711.36091.39871.47251.51031.5841
Camarilla1.40391.41411.42441.43461.44481.45511.4653
Woodie1.26721.29611.37881.40771.49041.51931.6020
Fibonacci1.28711.32981.35611.39871.44141.46771.5103

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): 40.36
MACD (12,26,9): -0.0030
Directional Movement: -1.9818
AROON (14): -28.5714
DEMA (21): 1.3751
Parabolic SAR (0,02-0,02-0,2): 1.3796
Elder Ray (13): -0.0011
Super Trend (3,10): 1.3853
Zig ZAG (10): 1.3766
VORTEX (21): 0.8499
Stochastique (14,3,5): 19.05
TEMA (21): 1.3745
Williams %R (14): -73.91
Chande Momentum Oscillator (20): 0.0016
Repulse (5,40,3): -0.0334
ROCnROLL: 2
TRIX (15,9): -0.0342
Courbe Coppock: 1.01
MA7: 1.3890
MA20: 1.3963
MA50: 1.3706
MA100: 1.3675
MAexp7: 1.3766
MAexp20: 1.3792
MAexp50: 1.3842
MAexp100: 1.3882
Price / MA7: -0.92%
Price / MA20: -1.44%
Price / MA50: +0.41%
Price / MA100: +0.64%
Price / MAexp7: -0.03%
Price / MAexp20: -0.22%
Price / MAexp50: -0.58%
Price / MAexp100: -0.86%

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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