DKK/SEK - 1H - Technical analysis published on 09/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 1.4695 SEK
My targets
1.4577 SEK (-0.0081)
1.4516 SEK (-0.0142)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade DKK/SEK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.4695 SEK. The next bearish objective for sellers is set at 1.4577 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.4516 SEK. In case of crossing, the next objective would be the support located at 1.4404 SEK. In the event of a bullish break in the resistance located at 1.4695 SEK a certain indecision would take hold.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DKK/SEK rating 1.4658 SEK. The price registered a decrease of -0.06% on the session with the lowest point at 1.4607 SEK and the highest point at 1.4746 SEK. The deviation from the price is +0.35% for the low point and -0.60% for the high point.1.4607
1.4746
1.4658
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DKK/SEK indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 1.4404 | 1.4516 | 1.4577 | 1.4658 | 1.4695 | 1.4765 | 1.4972 |
| Change (%) | -1.73% | -0.97% | -0.55% | - | +0.25% | +0.73% | +2.14% |
| Change | -0.0254 | -0.0142 | -0.0081 | - | +0.0037 | +0.0107 | +0.0314 |
| Level | Intermediate | Minor | Major | - | Intermediate | 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 | 1.4468 | 1.4522 | 1.4594 | 1.4648 | 1.4720 | 1.4774 | 1.4846 |
| Camarilla | 1.4631 | 1.4643 | 1.4655 | 1.4666 | 1.4678 | 1.4689 | 1.4701 |
| Woodie | 1.4477 | 1.4527 | 1.4603 | 1.4653 | 1.4729 | 1.4779 | 1.4855 |
| Fibonacci | 1.4522 | 1.4570 | 1.4600 | 1.4648 | 1.4696 | 1.4726 | 1.4774 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4178 | 1.4291 | 1.4507 | 1.4620 | 1.4836 | 1.4949 | 1.5165 |
| Camarilla | 1.4633 | 1.4663 | 1.4693 | 1.4723 | 1.4753 | 1.4783 | 1.4814 |
| Woodie | 1.4230 | 1.4317 | 1.4559 | 1.4646 | 1.4888 | 1.4975 | 1.5217 |
| Fibonacci | 1.4291 | 1.4417 | 1.4494 | 1.4620 | 1.4746 | 1.4823 | 1.4949 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3460 | 1.3655 | 1.4036 | 1.4231 | 1.4612 | 1.4807 | 1.5188 |
| Camarilla | 1.4258 | 1.4310 | 1.4363 | 1.4416 | 1.4469 | 1.4522 | 1.4574 |
| Woodie | 1.3552 | 1.3702 | 1.4128 | 1.4278 | 1.4704 | 1.4854 | 1.5280 |
| Fibonacci | 1.3655 | 1.3875 | 1.4011 | 1.4231 | 1.4451 | 1.4587 | 1.4807 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.41 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | 7.8922 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.4658 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4614 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 1.4746 | |
| Zig ZAG (10): | 1.4654 | |
| VORTEX (21): | 0.9812 | |
| Stochastique (14,3,5): | 44.84 | |
| TEMA (21): | 1.4655 | |
| Williams %R (14): | -66.91 | |
| Chande Momentum Oscillator (20): | 0.0008 | |
| Repulse (5,40,3): | -0.3297 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0017 | |
| Courbe Coppock: | 0.44 |
| MA7: | 1.4660 | |
| MA20: | 1.4488 | |
| MA50: | 1.4256 | |
| MA100: | 1.4244 | |
| MAexp7: | 1.4658 | |
| MAexp20: | 1.4660 | |
| MAexp50: | 1.4663 | |
| MAexp100: | 1.4656 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | +1.17% | |
| Price / MA50: | +2.82% | |
| Price / MA100: | +2.91% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.01% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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