Free Danish Krone/Polish Zloty (DKKPLN) Technical Analysis Signals

Overal Signal
Buy
Signals
Buy Neutral Hold Hold
Last Update / Period
04 Feb / Daily
Category/Currency
Currency/PLN
Exchange/Country
CCY/--

Danish Krone/Polish Zloty (DKKPLN) signal with technical analysis on 04 Feb

On 04 Feb, we conducted a comprehensive technical analysis of Danish Krone/Polish Zloty (DKKPLN), considering 256 signals with intricate details. Here are the key findings: 51 signals suggested buy strategies, while 93 indicated sell strategies. The remaining 112 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 25
Sell Signals: 12
Neutral Signals: 27
Result: This strategy leads to a Buy position.

Strategy 2:
Buy Signals: 13
Sell Signals: 22
Neutral Signals: 29
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 7
Sell Signals: 29
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 6
Sell Signals: 30
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 51
Sell Signals: 93
Neutral Signals: 112
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Danish Krone/Polish Zloty (DKKPLN) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Danish Krone/Polish Zloty (DKKPLN) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Danish Krone/Polish Zloty (DKKPLN) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Danish Krone/Polish Zloty (DKKPLN) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Danish Krone/Polish Zloty (DKKPLN)** holdings.

Danish Krone/Polish Zloty (DKKPLN) Price Analysis and Resistance Levels:

Given our current long position in Danish Krone/Polish Zloty (DKKPLN), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0.796): The primary hurdle we face is the 0.796 price level. If the current trend remains unchanged, Danish Krone/Polish Zloty (DKKPLN) could break above this level, signaling its strength and potential for further growth.

It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Danish Krone/Polish Zloty (DKKPLN), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Danish Krone/Polish Zloty (DKKPLN) technical analysis chart

Danish Krone/Polish Zloty (DKKPLN) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.796 -- -- -- --
Support -- -- -- -- --
 Danish Krone/Polish Zloty (DKKPLN) Support and Resistance area (04 Feb)

Danish Krone/Polish Zloty (DKKPLN) signals list for 04 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Danish Krone/Polish Zloty (DKKPLN) candlestick patterns on 04 Feb

Today's Danish Krone/Polish Zloty (DKKPLN) Candle Patterns List:

Doji Long Legged Doji Doji Star High-Wave Candle Spinning Top

Danish Krone/Polish Zloty (DKKPLN) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Feb Buy BuyNeutralHoldHold
2 31 Jan Hold HoldHoldHoldHold
3 30 Jan Hold HoldHoldHoldHold
4 29 Jan Hold HoldHoldHoldHold
5 28 Jan Hold HoldHoldHoldHold
6 27 Jan Hold HoldHoldHoldHold
7 24 Jan Hold HoldHoldHoldHold
8 23 Jan Hold HoldHoldHoldHold
9 22 Jan Hold HoldHoldHoldHold
10 21 Jan Sell HoldHoldSellHold
11 20 Jan Sell HoldSellNeutralSell
12 17 Jan Hold HoldNeutralNeutralNeutral
13 16 Jan Sell SellSellNeutralSell
14 15 Jan Sell NeutralNeutralSellNeutral
15 14 Jan Buy BuyNeutralNeutralNeutral
16 13 Jan Hold NeutralNeutralNeutralNeutral
17 10 Jan Sell NeutralNeutralSellSell
18 09 Jan Buy NeutralBuyBuyNeutral
19 08 Jan Hold HoldNeutralNeutralNeutral
20 07 Jan Sell SellNeutralSellSell
21 06 Jan Hold NeutralBuyNeutralNeutral
22 03 Jan Neutral HoldNeutralNeutralNeutral
23 02 Jan Buy HoldHoldBuyNeutral
24 31 Dec Neutral HoldNeutralNeutralNeutral
25 30 Dec Buy BuyNeutralNeutralHold
26 27 Dec Hold NeutralHoldNeutralHold
27 26 Dec Hold HoldHoldHoldHold
28 25 Dec Sell SellHoldSellHold
29 24 Dec Hold NeutralNeutralNeutralHold
30 23 Dec Hold NeutralHoldHoldHold

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