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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 05/12/2023 (GMT)

  • 136
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.8359 ZAR
My targets
-
My analysis
The bullish trend is currently very strong on DKK/ZAR. As long as the price remains above the support at 2.8359 ZAR, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DKK/ZAR rating 2.8411 ZAR. The price registered an increase of +1.06% on the session with the lowest point at 2.8104 ZAR and the highest point at 2.8416 ZAR. The deviation from the price is +1.09% for the low point and -0.02% for the high point.

2.8104
2.8416
2.8411

Here is a more detailed summary of the historical variations registered by DKK/ZAR:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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/ZAR chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2.7690 2.7932 2.8398 2.8411
Change (%) -2.54% -1.69% -0.05% -
Change -0.0721 -0.0479 -0.0013 -
Level Minor Major Intermediate -



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
Standard2.70272.73592.77352.80672.84432.87752.9151
Camarilla2.79172.79822.80472.81122.81772.82422.8307
Woodie2.70502.73702.77582.80782.84662.87862.9174
Fibonacci2.73592.76292.77962.80672.83372.85042.8775


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.65792.67482.69852.71542.73912.75602.7797
Camarilla2.71112.71492.71862.72232.72602.72972.7335
Woodie2.66142.67652.70202.71712.74262.75772.7832
Fibonacci2.67482.69032.69992.71542.73092.74052.7560


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.44622.51212.60812.67402.77002.83592.9319
Camarilla2.65972.67452.68942.70422.71902.73392.7487
Woodie2.46142.51962.62332.68152.78522.84342.9471
Fibonacci2.51212.57392.61212.67402.73582.77402.8359

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): 72.18
MACD (12,26,9): 0.0090
Directional Movement: 37.4787
AROON (14): 92.8571
DEMA (21): 2.8222
Parabolic SAR (0,02-0,02-0,2): 2.8060
Elder Ray (13): 0.0114
Super Trend (3,10): 2.8038
Zig ZAG (10): 2.8295
VORTEX (21): 1.2510
Stochastique (14,3,5): 76.63
TEMA (21): 2.8216
Williams %R (14): -13.14
Chande Momentum Oscillator (20): 0.0179
Repulse (5,40,3): 0.6497
ROCnROLL: 1
TRIX (15,9): 0.0482
Courbe Coppock: 0.67
MA7: 2.7572
MA20: 2.7167
MA50: 2.6733
MA100: 2.5966
MAexp7: 2.8177
MAexp20: 2.8096
MAexp50: 2.7904
MAexp100: 2.7681
Price / MA7: +3.04%
Price / MA20: +4.58%
Price / MA50: +6.28%
Price / MA100: +9.42%
Price / MAexp7: +0.83%
Price / MAexp20: +1.12%
Price / MAexp50: +1.82%
Price / MAexp100: +2.64%

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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