DKK/SEK - 1H - Technical analysis published on 07/01/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 1.4915 SEK
My targets
1.4972 SEK (+0.0038)
1.5008 SEK (+0.0074)
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 above the support located at 1.4915 SEK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.4972 SEK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.5008 SEK as an objective. Crossing it would then enable buyers to target 1.5315 SEK. If the support 1.4915 SEK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.3
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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 1.4934 SEK. The price is lower by -0.01% since the last closing and was between 1.4920 SEK and 1.4952 SEK. This implies that the price is at +0.09% from its lowest and at -0.12% from its highest.1.4920
1.4952
1.4934
Here is a more detailed summary of the historical variations registered by DKK/SEK:
Near a new LOW record (1 year)
Type : Bearish
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
Technical analysis of DKK/SEK in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
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.
The Central Indicators scanner found this result concerning these indicators:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.4814 | 1.4865 | 1.4915 | 1.4934 | 1.4936 | 1.4972 | 1.5008 |
| Change (%) | -0.80% | -0.46% | -0.13% | - | +0.01% | +0.25% | +0.50% |
| Change | -0.0120 | -0.0069 | -0.0019 | - | +0.0002 | +0.0038 | +0.0074 |
| Level | Intermediate | Intermediate | Minor | - | Minor | 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 | 1.4721 | 1.4793 | 1.4864 | 1.4936 | 1.5007 | 1.5079 | 1.5150 |
| Camarilla | 1.4896 | 1.4909 | 1.4922 | 1.4935 | 1.4948 | 1.4961 | 1.4974 |
| Woodie | 1.4721 | 1.4793 | 1.4864 | 1.4936 | 1.5007 | 1.5079 | 1.5150 |
| Fibonacci | 1.4793 | 1.4848 | 1.4881 | 1.4936 | 1.4991 | 1.5024 | 1.5079 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4584 | 1.4682 | 1.4790 | 1.4888 | 1.4996 | 1.5094 | 1.5202 |
| Camarilla | 1.4840 | 1.4859 | 1.4878 | 1.4897 | 1.4916 | 1.4935 | 1.4954 |
| Woodie | 1.4588 | 1.4685 | 1.4794 | 1.4891 | 1.5000 | 1.5097 | 1.5206 |
| Fibonacci | 1.4682 | 1.4761 | 1.4810 | 1.4888 | 1.4967 | 1.5016 | 1.5094 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4183 | 1.4362 | 1.4649 | 1.4828 | 1.5115 | 1.5294 | 1.5581 |
| Camarilla | 1.4807 | 1.4850 | 1.4892 | 1.4935 | 1.4978 | 1.5020 | 1.5063 |
| Woodie | 1.4236 | 1.4389 | 1.4702 | 1.4855 | 1.5168 | 1.5321 | 1.5634 |
| Fibonacci | 1.4362 | 1.4540 | 1.4650 | 1.4828 | 1.5006 | 1.5116 | 1.5294 |
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): | 47.96 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 3.3645 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.4944 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4977 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.4905 | |
| Zig ZAG (10): | 1.4927 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 33.44 | |
| TEMA (21): | 1.4940 | |
| Williams %R (14): | -68.75 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | -0.0702 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0088 | |
| Courbe Coppock: | 0.15 |
| MA7: | 1.4885 | |
| MA20: | 1.4789 | |
| MA50: | 1.4691 | |
| MA100: | 1.4731 | |
| MAexp7: | 1.4937 | |
| MAexp20: | 1.4935 | |
| MAexp50: | 1.4919 | |
| MAexp100: | 1.4898 | |
| Price / MA7: | +0.33% | |
| Price / MA20: | +0.98% | |
| Price / MA50: | +1.65% | |
| Price / MA100: | +1.38% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.24% |
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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