EUR/DKK - 1H - Technical analysis published on 10/17/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
22%
72%
6%
My opinion
Bearish under 7.4711 DKK
My targets
7.4702 DKK (-0.00%)
7.4691 DKK (-0.02%)
My analysis
The strong short-term decrease of EUR/DKK should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 7.4711 DKK, a sale could be considered. The first bearish objective is located at 7.4702 DKK. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 7.4691 DKK. If there is any crossing, the next objective would be support 7.4686 DKK. Caution, if there is a return to above 7.4711 DKK, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/DKK rating 7.4704 DKK. The price has increased by -0.00% since the last closing with the lowest point at 7.4703 DKK and the highest point at 7.4716 DKK. The deviation from the price is +0.00% for the low point and -0.02% for the high point.7.4703
7.4716
7.4704
Here is a more detailed summary of the historical variations registered by EUR/DKK:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/DKK chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. 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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.4686 | 7.4691 | 7.4702 | 7.4704 | 7.4711 | 7.4715 | 7.4780 |
| Change (%) | -0.02% | -0.02% | -0.00% | - | +0.01% | +0.01% | +0.10% |
| Change | -0.0018 | -0.0013 | -0.0002 | - | +0.0007 | +0.0011 | +0.0076 |
| Level | Intermediate | Major | Minor | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4683 | 7.4691 | 7.4699 | 7.4707 | 7.4715 | 7.4723 | 7.4731 |
| Camarilla | 7.4703 | 7.4704 | 7.4706 | 7.4707 | 7.4709 | 7.4710 | 7.4711 |
| Woodie | 7.4683 | 7.4691 | 7.4699 | 7.4707 | 7.4715 | 7.4723 | 7.4731 |
| Fibonacci | 7.4691 | 7.4697 | 7.4701 | 7.4707 | 7.4713 | 7.4717 | 7.4723 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4649 | 7.4660 | 7.4675 | 7.4686 | 7.4701 | 7.4712 | 7.4727 |
| Camarilla | 7.4683 | 7.4685 | 7.4688 | 7.4690 | 7.4692 | 7.4695 | 7.4697 |
| Woodie | 7.4651 | 7.4661 | 7.4677 | 7.4687 | 7.4703 | 7.4713 | 7.4729 |
| Fibonacci | 7.4660 | 7.4670 | 7.4676 | 7.4686 | 7.4696 | 7.4702 | 7.4712 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4451 | 7.4503 | 7.4582 | 7.4634 | 7.4713 | 7.4765 | 7.4844 |
| Camarilla | 7.4626 | 7.4638 | 7.4650 | 7.4662 | 7.4674 | 7.4686 | 7.4698 |
| Woodie | 7.4466 | 7.4510 | 7.4597 | 7.4641 | 7.4728 | 7.4772 | 7.4859 |
| Fibonacci | 7.4503 | 7.4553 | 7.4584 | 7.4634 | 7.4684 | 7.4715 | 7.4765 |
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): | 37.33 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -11.6907 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 7.4708 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.4703 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 7.4713 | |
| Zig ZAG (10): | 7.4703 | |
| VORTEX (21): | 0.9028 | |
| Stochastique (14,3,5): | 10.90 | |
| TEMA (21): | 7.4705 | |
| Williams %R (14): | -91.67 | |
| Chande Momentum Oscillator (20): | -0.0009 | |
| Repulse (5,40,3): | -0.0018 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.01 |
| MA7: | 7.4694 | |
| MA20: | 7.4678 | |
| MA50: | 7.4633 | |
| MA100: | 7.4646 | |
| MAexp7: | 7.4706 | |
| MAexp20: | 7.4708 | |
| MAexp50: | 7.4706 | |
| MAexp100: | 7.4701 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.03% | |
| Price / MA50: | +0.10% | |
| Price / MA100: | +0.08% | |
| Price / MAexp7: | -0.00% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.00% | |
| Price / MAexp100: | +0.00% |
This member declared not having a position on this financial instrument or a related financial instrument.
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