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

EUR/DKK - 1H - Technical analysis published on 09/27/2023 (GMT)

  • 108
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
11%
61%
28%
My opinion
Neutral between 7.4534 DKK and 7.4579 DKK
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 7.4534 DKK. The first resistance is located at 7.4579 DKK. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by EUR/DKK.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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

Additional analysis

Quotes

EUR/DKK rating 7.4564 DKK. The price is lower by -0.01% since the last closing with the lowest point at 7.4563 DKK and the highest point at 7.4570 DKK. The deviation from the price is +0.00% for the low point and -0.01% for the high point.

7.4563
7.4570
7.4564

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

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 EUR/DKK chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 7.4524 7.4534 7.4554 7.4564 7.4564 7.4579 7.4593
Change (%) -0.05% -0.04% -0.01% 0% - +0.02% +0.04%
Change -0.0040 -0.0030 -0.0010 0 - +0.0015 +0.0029
Level Major Major Major Minor - Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.45327.45447.45567.45687.45807.45927.4604
Camarilla7.45627.45657.45677.45697.45717.45737.4576
Woodie7.45337.45447.45577.45687.45817.45927.4605
Fibonacci7.45447.45537.45597.45687.45777.45837.4592


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.44477.44847.45237.45607.45997.46367.4675
Camarilla7.45407.45477.45547.45617.45687.45757.4582
Woodie7.44477.44857.45237.45617.45997.46377.4675
Fibonacci7.44847.45137.45317.45607.45897.46077.4636


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.44407.44717.45027.45337.45647.45957.4626
Camarilla7.45177.45237.45287.45347.45407.45457.4551
Woodie7.44417.44717.45037.45337.45657.45957.4627
Fibonacci7.44717.44947.45097.45337.45567.45717.4595

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): 45.88
MACD (12,26,9): -0.0001
Directional Movement: -2.5418
AROON (14): -7.1429
DEMA (21): 7.4567
Parabolic SAR (0,02-0,02-0,2): 7.4576
Elder Ray (13): -0.0003
Super Trend (3,10): 7.4585
Zig ZAG (10): 7.4564
VORTEX (21): 0.9122
Stochastique (14,3,5): 43.48
TEMA (21): 7.4564
Williams %R (14): -56.52
Chande Momentum Oscillator (20): -0.0004
Repulse (5,40,3): 0.0004
ROCnROLL: 2
TRIX (15,9): -0.0002
Courbe Coppock: 0.02
MA7: 7.4555
MA20: 7.4563
MA50: 7.4537
MA100: 7.4514
MAexp7: 7.4566
MAexp20: 7.4568
MAexp50: 7.4567
MAexp100: 7.4563
Price / MA7: +0.01%
Price / MA20: +0.00%
Price / MA50: +0.04%
Price / MA100: +0.07%
Price / MAexp7: +0.00%
Price / MAexp20: -0.01%
Price / MAexp50: +0.00%
Price / MAexp100: +0.00%

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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