DKK/MXN
-
MXN
(-)
- Real time data - Forex
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Forex |
| Ticker: | DKKMXN |
| ISIN: |
DKK/MXN - 1H - Technical analysis published on 09/18/2024 (GMT)
- 127
- 0
- 09/18/2024 - 22:40
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- Timeframe : 1H
- - Analysis generated on 09/18/2024 - 22:40
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
61%
11%
28%
My opinion
Bullish above 2.8643 MXN
My targets
2.8936 MXN (+0.0220)
2.9300 MXN (+0.0584)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for DKK/MXN as long as the price remains well above 2.8643 MXN. The buyers' bullish objective is set at 2.8936 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.9300 MXN. If there is any crossing, the next objective would be the resistance located at 2.9824 MXN.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DKK/MXN rating is 2.8716 MXN. The price registered an increase of +0.75% on the session and was traded between 2.8431 MXN and 2.8909 MXN over the period. The price is currently at +1.00% from its lowest and -0.67% from its highest.2.8431
2.8909
2.8716
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 HIGH record (1 year)
Type : Bullish
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
Technical analysis of this 1H chart of DKK/MXN indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
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 | 2.8266 | 2.8467 | 2.8643 | 2.8716 | 2.8949 | 2.9300 | 2.9824 |
| Change (%) | -1.57% | -0.87% | -0.25% | - | +0.81% | +2.03% | +3.86% |
| Change | -0.0450 | -0.0249 | -0.0073 | - | +0.0233 | +0.0584 | +0.1108 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.7772 | 2.8096 | 2.8300 | 2.8624 | 2.8828 | 2.9152 | 2.9356 |
| Camarilla | 2.8358 | 2.8406 | 2.8455 | 2.8503 | 2.8551 | 2.8600 | 2.8648 |
| Woodie | 2.7711 | 2.8066 | 2.8239 | 2.8594 | 2.8767 | 2.9122 | 2.9295 |
| Fibonacci | 2.8096 | 2.8298 | 2.8423 | 2.8624 | 2.8826 | 2.8951 | 2.9152 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6708 | 2.7595 | 2.8049 | 2.8936 | 2.9390 | 3.0277 | 3.0731 |
| Camarilla | 2.8133 | 2.8256 | 2.8379 | 2.8502 | 2.8625 | 2.8748 | 2.8871 |
| Woodie | 2.6491 | 2.7487 | 2.7832 | 2.8828 | 2.9173 | 3.0169 | 3.0514 |
| Fibonacci | 2.7595 | 2.8108 | 2.8424 | 2.8936 | 2.9449 | 2.9765 | 3.0277 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4379 | 2.5528 | 2.7379 | 2.8528 | 3.0379 | 3.1528 | 3.3379 |
| Camarilla | 2.8404 | 2.8679 | 2.8954 | 2.9229 | 2.9504 | 2.9779 | 3.0054 |
| Woodie | 2.4729 | 2.5704 | 2.7729 | 2.8704 | 3.0729 | 3.1704 | 3.3729 |
| Fibonacci | 2.5528 | 2.6674 | 2.7382 | 2.8528 | 2.9674 | 3.0382 | 3.1528 |
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): | 56.44 | |
| MACD (12,26,9): | 0.0046 | |
| Directional Movement: | 5.8964 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 2.8713 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.8699 | |
| Elder Ray (13): | 0.0040 | |
| Super Trend (3,10): | 2.8581 | |
| Zig ZAG (10): | 2.8720 | |
| VORTEX (21): | 1.1106 | |
| Stochastique (14,3,5): | 63.46 | |
| TEMA (21): | 2.8769 | |
| Williams %R (14): | -39.96 | |
| Chande Momentum Oscillator (20): | 0.0267 | |
| Repulse (5,40,3): | -0.1619 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0121 | |
| Courbe Coppock: | 1.72 |
| MA7: | 2.8899 | |
| MA20: | 2.9194 | |
| MA50: | 2.7986 | |
| MA100: | 2.6716 | |
| MAexp7: | 2.8729 | |
| MAexp20: | 2.8666 | |
| MAexp50: | 2.8656 | |
| MAexp100: | 2.8757 | |
| Price / MA7: | -0.63% | |
| Price / MA20: | -1.64% | |
| Price / MA50: | +2.61% | |
| Price / MA100: | +7.49% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | -0.14% |
Quotes :
09/18/2024 - 22:40
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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