DKK/SEK - 1H - Technical analysis published on 10/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 1.5235 SEK
My targets
1.5185 SEK (-0.0021)
1.5134 SEK (-0.0072)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DKK/SEK. As long as you are under the resistance located at 1.5235 SEK, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.5185 SEK would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.5134 SEK as an objective. Crossing it would then enable sellers to target 1.5104 SEK. If the resistance 1.5235 SEK were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.9
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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 price is 1.5206 SEK. The price is lower by -0.01% since the last closing and was between 1.5190 SEK and 1.5231 SEK. This implies that the price is at +0.11% from its lowest and at -0.16% from its highest.1.5190
1.5231
1.5206
Here is a more detailed summary of the historical variations registered by DKK/SEK:
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
A technical analysis in 1H of this DKK/SEK chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back under -50
Type : Bearish
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
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 | 1.5134 | 1.5170 | 1.5185 | 1.5206 | 1.5217 | 1.5235 | 1.5250 |
| Change (%) | -0.47% | -0.24% | -0.14% | - | +0.07% | +0.19% | +0.29% |
| Change | -0.0072 | -0.0036 | -0.0021 | - | +0.0011 | +0.0029 | +0.0044 |
| Level | Minor | Minor | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5028 | 1.5081 | 1.5144 | 1.5197 | 1.5260 | 1.5313 | 1.5376 |
| Camarilla | 1.5175 | 1.5186 | 1.5196 | 1.5207 | 1.5218 | 1.5228 | 1.5239 |
| Woodie | 1.5033 | 1.5084 | 1.5149 | 1.5200 | 1.5265 | 1.5316 | 1.5381 |
| Fibonacci | 1.5081 | 1.5125 | 1.5153 | 1.5197 | 1.5241 | 1.5269 | 1.5313 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5086 | 1.5138 | 1.5172 | 1.5224 | 1.5258 | 1.5310 | 1.5344 |
| Camarilla | 1.5182 | 1.5190 | 1.5198 | 1.5206 | 1.5214 | 1.5222 | 1.5230 |
| Woodie | 1.5077 | 1.5134 | 1.5163 | 1.5220 | 1.5249 | 1.5306 | 1.5335 |
| Fibonacci | 1.5138 | 1.5171 | 1.5191 | 1.5224 | 1.5257 | 1.5277 | 1.5310 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4745 | 1.4911 | 1.5046 | 1.5212 | 1.5347 | 1.5513 | 1.5648 |
| Camarilla | 1.5097 | 1.5125 | 1.5152 | 1.5180 | 1.5208 | 1.5235 | 1.5263 |
| Woodie | 1.4729 | 1.4903 | 1.5030 | 1.5204 | 1.5331 | 1.5505 | 1.5632 |
| Fibonacci | 1.4911 | 1.5026 | 1.5097 | 1.5212 | 1.5327 | 1.5398 | 1.5513 |
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): | 53.63 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 8.0885 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.5207 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.5206 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 1.5170 | |
| Zig ZAG (10): | 1.5210 | |
| VORTEX (21): | 1.2252 | |
| Stochastique (14,3,5): | 68.78 | |
| TEMA (21): | 1.5213 | |
| Williams %R (14): | -56.10 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | -0.0438 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0006 | |
| Courbe Coppock: | 0.17 |
| MA7: | 1.5220 | |
| MA20: | 1.5206 | |
| MA50: | 1.5256 | |
| MA100: | 1.5288 | |
| MAexp7: | 1.5211 | |
| MAexp20: | 1.5205 | |
| MAexp50: | 1.5208 | |
| MAexp100: | 1.5215 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -0% | |
| Price / MA50: | -0.33% | |
| Price / MA100: | -0.54% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.06% |
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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