DKK/NOK - 1H - Technical analysis published on 12/26/2022 (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 1.4078 NOK
My targets
1.4158 NOK (+0.0062)
1.4314 NOK (+0.0218)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DKK/NOK. This is a positive signal for buyers. As long as the price remains above 1.4078 NOK, a purchase could be considered. The first bullish objective is located at 1.4158 NOK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.4314 NOK as an objective. Crossing it would then enable buyers to target 1.4346 NOK. In the event of a return below 1.4078 NOK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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Additional analysis
Quotes
The DKK/NOK rating is 1.4096 NOK. On the day, this instrument lost -0.04% and was traded between 1.4059 NOK and 1.4107 NOK over the period. The price is currently at +0.26% from its lowest and -0.08% from its highest.1.4059
1.4107
1.4096
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/NOK:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/NOK in 1H shows an overall bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
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:
Near support of triangle
Type : Bullish
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 | 1.3978 | 1.4029 | 1.4078 | 1.4096 | 1.4158 | 1.4314 | 1.4346 |
| Change (%) | -0.84% | -0.48% | -0.13% | - | +0.44% | +1.55% | +1.77% |
| Change | -0.0118 | -0.0067 | -0.0018 | - | +0.0062 | +0.0218 | +0.0250 |
| Level | Major | Major | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3932 | 1.3980 | 1.4041 | 1.4089 | 1.4150 | 1.4198 | 1.4259 |
| Camarilla | 1.4072 | 1.4082 | 1.4092 | 1.4102 | 1.4112 | 1.4122 | 1.4132 |
| Woodie | 1.3939 | 1.3983 | 1.4048 | 1.4092 | 1.4157 | 1.4201 | 1.4266 |
| Fibonacci | 1.3980 | 1.4022 | 1.4047 | 1.4089 | 1.4131 | 1.4156 | 1.4198 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3576 | 1.3766 | 1.3934 | 1.4124 | 1.4292 | 1.4482 | 1.4650 |
| Camarilla | 1.4004 | 1.4036 | 1.4069 | 1.4102 | 1.4135 | 1.4168 | 1.4201 |
| Woodie | 1.3565 | 1.3761 | 1.3923 | 1.4119 | 1.4281 | 1.4477 | 1.4639 |
| Fibonacci | 1.3766 | 1.3903 | 1.3987 | 1.4124 | 1.4261 | 1.4345 | 1.4482 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3008 | 1.3327 | 1.3550 | 1.3869 | 1.4092 | 1.4411 | 1.4634 |
| Camarilla | 1.3625 | 1.3675 | 1.3724 | 1.3774 | 1.3824 | 1.3873 | 1.3923 |
| Woodie | 1.2961 | 1.3303 | 1.3503 | 1.3845 | 1.4045 | 1.4387 | 1.4587 |
| Fibonacci | 1.3327 | 1.3534 | 1.3662 | 1.3869 | 1.4076 | 1.4204 | 1.4411 |
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): | 50.83 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 11.1381 | |
| AROON (14): | -71.4285 | |
| DEMA (21): | 1.4097 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4036 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.4140 | |
| Zig ZAG (10): | 1.4090 | |
| VORTEX (21): | 1.0496 | |
| Stochastique (14,3,5): | 53.23 | |
| TEMA (21): | 1.4098 | |
| Williams %R (14): | -48.72 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | 0.0544 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0095 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.4087 | |
| MA20: | 1.4033 | |
| MA50: | 1.3956 | |
| MA100: | 1.3771 | |
| MAexp7: | 1.4090 | |
| MAexp20: | 1.4086 | |
| MAexp50: | 1.4074 | |
| MAexp100: | 1.4073 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | +0.45% | |
| Price / MA50: | +1.00% | |
| Price / MA100: | +2.36% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.16% |
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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