CAD/ZAR
CAD ZAR
- ZAR (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADZAR
ISIN:

CAD/ZAR - 1H - Technical analysis published on 01/08/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 13.0094 ZAR
My targets
13.0837 ZAR (+0.0486)
13.1241 ZAR (+0.0890)
My analysis
CAD/ZAR is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13.0094 ZAR. The next resistance located at 13.0837 ZAR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13.1241 ZAR. After this resistance, buyers could then target 13.2931 ZAR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8

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

The CAD/ZAR price is 13.0351 ZAR. On the day, this instrument gained +0.20% and was traded between 13.0078 ZAR and 13.0501 ZAR over the period. The price is currently at +0.21% from its lowest and -0.11% from its highest.

13.0078
13.0501
13.0351

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAD/ZAR in 1H shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.9111 12.9420 13.0094 13.0351 13.0367 13.0837 13.1241
Change (%) -0.95% -0.71% -0.20% - +0.01% +0.37% +0.68%
Change -0.1240 -0.0931 -0.0257 - +0.0016 +0.0486 +0.0890
Level Intermediate Major Minor - Intermediate 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
Standard12.827412.883612.946513.002713.065613.121813.1847
Camarilla12.976812.987712.998613.009513.020413.031313.0423
Woodie12.830912.885312.950013.004413.069113.123513.1882
Fibonacci12.883612.929112.957213.002713.048213.076313.1218


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.688912.814612.889413.015113.089913.215613.2904
Camarilla12.909012.927312.945712.964112.982513.000913.0192
Woodie12.663412.801912.863913.002413.064413.202913.2649
Fibonacci12.814612.891212.938513.015113.091713.139013.2156


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.999812.230512.679612.910313.359413.590114.0392
Camarilla12.941913.004213.066513.128813.191113.253413.3158
Woodie12.109112.285112.788912.964913.468713.644714.1485
Fibonacci12.230512.490212.650612.910313.170013.330413.5901

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): 59.26
MACD (12,26,9): 0.0154
Directional Movement: 12.2001
AROON (14): 14.2857
DEMA (21): 13.0272
Parabolic SAR (0,02-0,02-0,2): 12.9766
Elder Ray (13): 0.0221
Super Trend (3,10): 12.9614
Zig ZAG (10): 13.0330
VORTEX (21): 1.0976
Stochastique (14,3,5): 73.72
TEMA (21): 13.0394
Williams %R (14): -21.97
Chande Momentum Oscillator (20): 0.0479
Repulse (5,40,3): 0.0650
ROCnROLL: 1
TRIX (15,9): 0.0147
Courbe Coppock: 0.85
MA7: 13.0293
MA20: 12.8356
MA50: 12.8228
MA100: 12.8844
MAexp7: 13.0263
MAexp20: 13.0084
MAexp50: 12.9967
MAexp100: 13.0013
Price / MA7: +0.04%
Price / MA20: +1.55%
Price / MA50: +1.66%
Price / MA100: +1.17%
Price / MAexp7: +0.07%
Price / MAexp20: +0.21%
Price / MAexp50: +0.30%
Price / MAexp100: +0.26%

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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