CAD/ZAR - 1H - Technical analysis published on 03/18/2025 (GMT)
- 123
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
44%
22%
33%
My opinion
Neutral between 12.6207 ZAR and 12.7008 ZAR
My targets
-
My analysis
The short-term increase on CAD/ZAR remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 12.7008 ZAR. The first support is located at 12.6207 ZAR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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:
Additional analysis
Quotes
The CAD/ZAR rating is 12.6682 ZAR. The price registered an increase of +0.18% on the session and was traded between 12.6456 ZAR and 12.6710 ZAR over the period. The price is currently at +0.18% from its lowest and -0.02% from its highest.12.6456
12.6710
12.6682
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.
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAD/ZAR indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.5860 | 12.6207 | 12.6563 | 12.6682 | 12.7008 | 12.7337 | 12.8246 |
| Change (%) | -0.65% | -0.37% | -0.09% | - | +0.26% | +0.52% | +1.23% |
| Change | -0.0822 | -0.0475 | -0.0119 | - | +0.0326 | +0.0655 | +0.1564 |
| Level | Intermediate | Intermediate | Minor | - | Minor | 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 | 12.5347 | 12.5787 | 12.6124 | 12.6564 | 12.6901 | 12.7341 | 12.7678 |
| Camarilla | 12.6247 | 12.6319 | 12.6390 | 12.6461 | 12.6532 | 12.6604 | 12.6675 |
| Woodie | 12.5296 | 12.5761 | 12.6073 | 12.6538 | 12.6850 | 12.7315 | 12.7627 |
| Fibonacci | 12.5787 | 12.6084 | 12.6267 | 12.6564 | 12.6861 | 12.7044 | 12.7341 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.2572 | 12.4018 | 12.5207 | 12.6653 | 12.7842 | 12.9288 | 13.0477 |
| Camarilla | 12.5671 | 12.5913 | 12.6155 | 12.6396 | 12.6638 | 12.6879 | 12.7121 |
| Woodie | 12.2444 | 12.3954 | 12.5079 | 12.6589 | 12.7714 | 12.9224 | 13.0349 |
| Fibonacci | 12.4018 | 12.5025 | 12.5646 | 12.6653 | 12.7660 | 12.8281 | 12.9288 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.4353 | 12.6008 | 12.7620 | 12.9275 | 13.0887 | 13.2542 | 13.4154 |
| Camarilla | 12.8334 | 12.8633 | 12.8933 | 12.9232 | 12.9532 | 12.9831 | 13.0130 |
| Woodie | 12.4332 | 12.5997 | 12.7599 | 12.9264 | 13.0866 | 13.2531 | 13.4133 |
| Fibonacci | 12.6008 | 12.7256 | 12.8027 | 12.9275 | 13.0523 | 13.1294 | 13.2542 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.54 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | 1.6498 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 12.6540 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.6340 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 12.6124 | |
| Zig ZAG (10): | 12.6558 | |
| VORTEX (21): | 0.9845 | |
| Stochastique (14,3,5): | 49.89 | |
| TEMA (21): | 12.6575 | |
| Williams %R (14): | -52.26 | |
| Chande Momentum Oscillator (20): | 0.0173 | |
| Repulse (5,40,3): | 0.0177 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0017 | |
| Courbe Coppock: | 0.04 |
| MA7: | 12.6738 | |
| MA20: | 12.8013 | |
| MA50: | 12.9124 | |
| MA100: | 12.8619 | |
| MAexp7: | 12.6553 | |
| MAexp20: | 12.6576 | |
| MAexp50: | 12.6657 | |
| MAexp100: | 12.6809 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -1.04% | |
| Price / MA50: | -1.89% | |
| Price / MA100: | -1.51% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.10% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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