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

DKK/SEK - 1H - Technical analysis published on 04/26/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.5258 SEK
My targets
1.5319 SEK (+0.0045)
1.5367 SEK (+0.0093)
My analysis
DKK/SEK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.5258 SEK. The next resistance located at 1.5319 SEK is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.5367 SEK. After this resistance, buyers could then target 1.5688 SEK.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.3

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

The DKK/SEK price is 1.5274 SEK. On the day, this instrument gained +0.61% and was traded between 1.5136 SEK and 1.5302 SEK over the period. The price is currently at +0.91% from its lowest and -0.18% from its highest.

1.5136
1.5302
1.5274

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

Central Records

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DKK/SEK chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1.5223 1.5237 1.5258 1.5274 1.5319 1.5688
Change (%) -0.33% -0.24% -0.10% - +0.29% +2.71%
Change -0.0051 -0.0037 -0.0016 - +0.0045 +0.0414
Level Major Intermediate Minor - Major Intermediate



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
Standard1.50781.51141.51481.51841.52181.52541.5288
Camarilla1.51621.51681.51751.51811.51871.51941.5200
Woodie1.50761.51141.51461.51841.52161.52541.5286
Fibonacci1.51141.51411.51581.51841.52111.52281.5254


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.49651.50421.50991.51761.52331.53101.5367
Camarilla1.51181.51301.51431.51551.51671.51801.5192
Woodie1.49541.50371.50881.51711.52221.53051.5356
Fibonacci1.50421.50941.51251.51761.52281.52591.5310


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.42621.45541.48381.51301.54141.57061.5990
Camarilla1.49631.50151.50681.51211.51741.52271.5279
Woodie1.42571.45521.48331.51281.54091.57041.5985
Fibonacci1.45541.47741.49101.51301.53501.54861.5706

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): 76.71
MACD (12,26,9): 0.0004
Directional Movement: 30.1993
AROON (14): 0
DEMA (21): 1.5190
Parabolic SAR (0,02-0,02-0,2): 1.5154
Elder Ray (13): 0.0027
Super Trend (3,10): 1.5134
Zig ZAG (10): 1.5298
VORTEX (21): 0.9099
Stochastique (14,3,5): 40.10
TEMA (21): 1.5196
Williams %R (14): -7.23
Chande Momentum Oscillator (20): 0.0105
Repulse (5,40,3): 1.1129
ROCnROLL: 1
TRIX (15,9): -0.0024
Courbe Coppock: 0.11
MA7: 1.5199
MA20: 1.5217
MA50: 1.5097
MA100: 1.5047
MAexp7: 1.5199
MAexp20: 1.5187
MAexp50: 1.5188
MAexp100: 1.5191
Price / MA7: +0.49%
Price / MA20: +0.37%
Price / MA50: +1.17%
Price / MA100: +1.51%
Price / MAexp7: +0.49%
Price / MAexp20: +0.57%
Price / MAexp50: +0.57%
Price / MAexp100: +0.55%

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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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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