EUR/DKK - 1H - Technical analysis published on 09/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 7.4373 DKK
My targets
7.4358 DKK (-0.0005)
7.4340 DKK (-0.0023)
My analysis
The bearish trend is currently very strong for EUR/DKK. As long as the price remains below the resistance at 7.4373 DKK, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.4358 DKK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.4340 DKK as an objective. Crossing it would then enable sellers to target 7.4314 DKK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1
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Additional analysis
Quotes
The EUR/DKK rating is 7.4363 DKK. The price registered an increase of +0.00% on the session and was between 7.4363 DKK and 7.4365 DKK. This implies that the price is at 0% from its lowest and at +0.00% from its highest.7.4363
7.4365
7.4363
Here is a more detailed summary of the historical variations registered by EUR/DKK:
Near a 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
Technical analysis of EUR/DKK in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 7.4329 | 7.4363 | 7.4366 | 7.4373 | 7.4380 |
| Change (%) | -0.05% | - | +0.00% | +0.01% | +0.02% |
| Change | -0.0034 | - | +0.0003 | +0.0010 | +0.0017 |
| Level | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4340 | 7.4351 | 7.4357 | 7.4368 | 7.4374 | 7.4385 | 7.4391 |
| Camarilla | 7.4359 | 7.4361 | 7.4362 | 7.4364 | 7.4366 | 7.4367 | 7.4369 |
| Woodie | 7.4339 | 7.4350 | 7.4356 | 7.4367 | 7.4373 | 7.4384 | 7.4390 |
| Fibonacci | 7.4351 | 7.4357 | 7.4361 | 7.4368 | 7.4374 | 7.4378 | 7.4385 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4296 | 7.4314 | 7.4340 | 7.4358 | 7.4384 | 7.4402 | 7.4428 |
| Camarilla | 7.4355 | 7.4359 | 7.4363 | 7.4367 | 7.4371 | 7.4375 | 7.4379 |
| Woodie | 7.4301 | 7.4316 | 7.4345 | 7.4360 | 7.4389 | 7.4404 | 7.4433 |
| Fibonacci | 7.4314 | 7.4331 | 7.4341 | 7.4358 | 7.4375 | 7.4385 | 7.4402 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.3929 | 7.4141 | 7.4257 | 7.4469 | 7.4585 | 7.4797 | 7.4913 |
| Camarilla | 7.4284 | 7.4314 | 7.4344 | 7.4374 | 7.4404 | 7.4434 | 7.4464 |
| Woodie | 7.3882 | 7.4117 | 7.4210 | 7.4445 | 7.4538 | 7.4773 | 7.4866 |
| Fibonacci | 7.4141 | 7.4266 | 7.4343 | 7.4469 | 7.4594 | 7.4671 | 7.4797 |
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): | 45.22 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 3.8359 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 7.4364 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.4373 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 7.4371 | |
| Zig ZAG (10): | 7.4363 | |
| VORTEX (21): | 0.9508 | |
| Stochastique (14,3,5): | 30.83 | |
| TEMA (21): | 7.4363 | |
| Williams %R (14): | -62.50 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | 0.0012 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0003 | |
| Courbe Coppock: | 0.01 |
| MA7: | 7.4366 | |
| MA20: | 7.4368 | |
| MA50: | 7.4396 | |
| MA100: | 7.4397 | |
| MAexp7: | 7.4364 | |
| MAexp20: | 7.4365 | |
| MAexp50: | 7.4366 | |
| MAexp100: | 7.4367 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | -0.04% | |
| Price / MA100: | -0.05% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | -0.01% |
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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