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DKK/MXN
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 10/28/2024 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 2.8852 MXN
My targets
2.8980 MXN (+0.0065)
2.9121 MXN (+0.0206)
My analysis
DKK/MXN 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 2.8852 MXN. The next resistance located at 2.8980 MXN 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 2.9121 MXN. After this resistance, buyers could then target 2.9215 MXN.

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
7

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DKK/MXN rating 2.8915 MXN. The price registered a decrease of -0.02% on the session and was traded between 2.8851 MXN and 2.8920 MXN over the period. The price is currently at +0.22% from its lowest and -0.02% from its highest.

2.8851
2.8920
2.8915

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DKK/MXN:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of DKK/MXN indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.8607 2.8712 2.8852 2.8915 2.8980 2.9121 2.9215
Change (%) -1.07% -0.70% -0.22% - +0.22% +0.71% +1.04%
Change -0.0308 -0.0203 -0.0063 - +0.0065 +0.0206 +0.0300
Level Intermediate Minor Intermediate - Intermediate Minor Minor



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
Standard2.84862.85992.87602.88732.90342.91472.9308
Camarilla2.88462.88712.88962.89212.89462.89712.8996
Woodie2.85102.86112.87842.88852.90582.91592.9332
Fibonacci2.85992.87042.87682.88732.89782.90422.9147


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.78842.82092.85652.88902.92462.95712.9927
Camarilla2.87342.87962.88592.89212.89832.90462.9108
Woodie2.79002.82172.85812.88982.92622.95792.9943
Fibonacci2.82092.84692.86302.88902.91502.93112.9571


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.69322.76772.85382.92833.01443.08893.1750
Camarilla2.89582.91062.92532.94002.95472.96942.9842
Woodie2.69912.77062.85972.93123.02033.09183.1809
Fibonacci2.76772.82902.86692.92832.98963.02753.0889

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): 61.03
MACD (12,26,9): 0.0036
Directional Movement: 8.8354
AROON (14): 28.5714
DEMA (21): 2.8915
Parabolic SAR (0,02-0,02-0,2): 2.8876
Elder Ray (13): 0.0028
Super Trend (3,10): 2.8774
Zig ZAG (10): 2.8916
VORTEX (21): 1.1411
Stochastique (14,3,5): 67.47
TEMA (21): 2.8932
Williams %R (14): -33.97
Chande Momentum Oscillator (20): 0.0054
Repulse (5,40,3): 0.0925
ROCnROLL: 1
TRIX (15,9): 0.0191
Courbe Coppock: 0.74
MA7: 2.8868
MA20: 2.8705
MA50: 2.8972
MA100: 2.7864
MAexp7: 2.8902
MAexp20: 2.8868
MAexp50: 2.8827
MAexp100: 2.8815
Price / MA7: +0.16%
Price / MA20: +0.73%
Price / MA50: -0.20%
Price / MA100: +3.77%
Price / MAexp7: +0.04%
Price / MAexp20: +0.16%
Price / MAexp50: +0.31%
Price / MAexp100: +0.35%

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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