DKK/SEK - 1H - Technical analysis published on 02/16/2024 (GMT)
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- 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 bearish
Underlying:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 1.5125 SEK
My targets
1.5074 SEK (-0.0028)
1.5053 SEK (-0.0049)
My analysis
In the short term, we can see an acceleration in the bearish trend on DKK/SEK, which is a positive signal for sellers. As long as the price remains above 1.5125 SEK, a sale could be considered. The first bearish objective is located at 1.5074 SEK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.5053 SEK as an objective. Crossing it would then enable sellers to target 1.5023 SEK. If the price were to return above 1.5125 SEK, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DKK/SEK rating is 1.5102 SEK. The price registered a decrease of -0.02% on the session and was traded between 1.5079 SEK and 1.5137 SEK over the period. The price is currently at +0.15% from its lowest and -0.23% from its highest.1.5079
1.5137
1.5102
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 (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DKK/SEK indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.5053 | 1.5074 | 1.5101 | 1.5102 | 1.5125 | 1.5162 | 1.5222 |
| Change (%) | -0.32% | -0.19% | -0.01% | - | +0.15% | +0.40% | +0.79% |
| Change | -0.0049 | -0.0028 | -0.0001 | - | +0.0023 | +0.0060 | +0.0120 |
| Level | Minor | Minor | Intermediate | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4957 | 1.5014 | 1.5059 | 1.5116 | 1.5161 | 1.5218 | 1.5263 |
| Camarilla | 1.5077 | 1.5086 | 1.5096 | 1.5105 | 1.5114 | 1.5124 | 1.5133 |
| Woodie | 1.4952 | 1.5011 | 1.5054 | 1.5113 | 1.5156 | 1.5215 | 1.5258 |
| Fibonacci | 1.5014 | 1.5053 | 1.5077 | 1.5116 | 1.5155 | 1.5179 | 1.5218 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4835 | 1.4959 | 1.5041 | 1.5165 | 1.5247 | 1.5371 | 1.5453 |
| Camarilla | 1.5067 | 1.5086 | 1.5105 | 1.5124 | 1.5143 | 1.5162 | 1.5181 |
| Woodie | 1.4815 | 1.4949 | 1.5021 | 1.5155 | 1.5227 | 1.5361 | 1.5433 |
| Fibonacci | 1.4959 | 1.5037 | 1.5086 | 1.5165 | 1.5243 | 1.5292 | 1.5371 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4405 | 1.4637 | 1.4857 | 1.5089 | 1.5309 | 1.5541 | 1.5761 |
| Camarilla | 1.4952 | 1.4993 | 1.5035 | 1.5076 | 1.5117 | 1.5159 | 1.5200 |
| Woodie | 1.4398 | 1.4634 | 1.4850 | 1.5086 | 1.5302 | 1.5538 | 1.5754 |
| Fibonacci | 1.4637 | 1.4810 | 1.4917 | 1.5089 | 1.5262 | 1.5369 | 1.5541 |
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): | 45.54 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -7.5295 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.5099 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.5124 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 1.5134 | |
| Zig ZAG (10): | 1.5102 | |
| VORTEX (21): | 1.0554 | |
| Stochastique (14,3,5): | 23.15 | |
| TEMA (21): | 1.5098 | |
| Williams %R (14): | -58.62 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | 0.0771 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0057 | |
| Courbe Coppock: | 0.15 |
| MA7: | 1.5121 | |
| MA20: | 1.5166 | |
| MA50: | 1.5088 | |
| MA100: | 1.5299 | |
| MAexp7: | 1.5100 | |
| MAexp20: | 1.5108 | |
| MAexp50: | 1.5120 | |
| MAexp100: | 1.5127 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.42% | |
| Price / MA50: | +0.09% | |
| Price / MA100: | -1.29% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.17% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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