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

DKK/ZAR - 1H - Technical analysis published on 11/12/2021 (GMT)

  • 247
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
50%
22%
28%
My opinion
Neutral between 2.3508 ZAR and 2.3745 ZAR
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 2.3745 ZAR. The first support is located at 2.3508 ZAR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DKK/ZAR price is 2.3582 ZAR. The price registered an increase of +0.08% on the session with the lowest point at 2.3504 ZAR and the highest point at 2.3629 ZAR. The deviation from the price is +0.33% for the low point and -0.20% for the high point.

2.3504
2.3629
2.3582

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of DKK/ZAR in 1H shows an overall slightly bullish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with 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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.3320 2.3417 2.3508 2.3582 2.3745 2.3877 2.4061
Change (%) -1.11% -0.70% -0.31% - +0.69% +1.25% +2.03%
Change -0.0262 -0.0165 -0.0074 - +0.0163 +0.0295 +0.0479
Level Minor Intermediate Intermediate - Minor Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.29022.31592.33622.36192.38222.40792.4282
Camarilla2.34382.34802.35222.35642.36062.36482.3691
Woodie2.28742.31462.33342.36062.37942.40662.4254
Fibonacci2.31592.33352.34442.36192.37952.39042.4079


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.22232.27712.30462.35942.38692.44172.4692
Camarilla2.30942.31692.32452.33202.33952.34712.3546
Woodie2.20862.27032.29092.35262.37322.43492.4555
Fibonacci2.27712.30862.32802.35942.39092.41032.4417


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.12782.18812.27992.34022.43202.49232.5841
Camarilla2.32982.34372.35772.37162.38552.39952.4134
Woodie2.14352.19602.29562.34812.44772.50022.5998
Fibonacci2.18812.24622.28212.34022.39832.43422.4923

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): 43.98
MACD (12,26,9): -0.0023
Directional Movement: 3.1604
AROON (14): -14.2857
DEMA (21): 2.3533
Parabolic SAR (0,02-0,02-0,2): 2.3654
Elder Ray (13): -0.0012
Super Trend (3,10): 2.3722
Zig ZAG (10): 2.3557
VORTEX (21): 1.0679
Stochastique (14,3,5): 34.42
TEMA (21): 2.3515
Williams %R (14): -71.90
Chande Momentum Oscillator (20): 0.0031
Repulse (5,40,3): 0.0562
ROCnROLL: 1
TRIX (15,9): -0.0197
Courbe Coppock: 0.04
MA7: 2.3524
MA20: 2.3397
MA50: 2.3243
MA100: 2.3223
MAexp7: 2.3552
MAexp20: 2.3559
MAexp50: 2.3576
MAexp100: 2.3568
Price / MA7: +0.25%
Price / MA20: +0.79%
Price / MA50: +1.46%
Price / MA100: +1.55%
Price / MAexp7: +0.13%
Price / MAexp20: +0.10%
Price / MAexp50: +0.03%
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.

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