DKK/MXN

- MXN (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	DKKMXN
ISIN:

DKK/MXN - 1H - Technical analysis published on 01/13/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 2.8266 MXN

My targets

2.8636 MXN (+0.0191)

2.8780 MXN (+0.0335)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DKK/MXN as long as the price remains well above 2.8266 MXN. The buyers' bullish objective is set at 2.8636 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.8780 MXN. If there is any crossing, the next objective would be the resistance located at 2.8967 MXN. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.3

Comment on the analysis

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 DKK/MXN rating is 2.8445 MXN. The price registered a decrease of -0.01% on the session and was traded between 2.8416 MXN and 2.8488 MXN over the period. The price is currently at +0.10% from its lowest and -0.15% from its highest.

2.8416

2.8488

2.8445

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

Bearish opening

Type : Bearish

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:

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 strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.8182	2.8266	2.8438	2.8445	2.8636	2.8780	2.8967
Change (%)	-0.92%	-0.63%	-0.02%	-	+0.67%	+1.18%	+1.84%
Change	-0.0263	-0.0179	-0.0007	-	+0.0191	+0.0335	+0.0522
Level	Minor	Major	Minor	-	Intermediate	Minor	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	2.8081	2.8164	2.8307	2.8390	2.8533	2.8616	2.8759
Camarilla	2.8387	2.8408	2.8428	2.8449	2.8470	2.8490	2.8511
Woodie	2.8110	2.8179	2.8336	2.8405	2.8562	2.8631	2.8788
Fibonacci	2.8164	2.8251	2.8304	2.8390	2.8477	2.8530	2.8616

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.7615	2.7856	2.8153	2.8394	2.8691	2.8932	2.9229
Camarilla	2.8301	2.8350	2.8400	2.8449	2.8498	2.8548	2.8597
Woodie	2.7642	2.7870	2.8180	2.8408	2.8718	2.8946	2.9256
Fibonacci	2.7856	2.8062	2.8189	2.8394	2.8600	2.8727	2.8932

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.7242	2.7625	2.8269	2.8652	2.9296	2.9679	3.0323
Camarilla	2.8632	2.8726	2.8820	2.8914	2.9008	2.9102	2.9196
Woodie	2.7374	2.7690	2.8401	2.8717	2.9428	2.9744	3.0455
Fibonacci	2.7625	2.8017	2.8259	2.8652	2.9044	2.9286	2.9679

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):	59.66
MACD (12,26,9):	0.0037
Directional Movement:	7.3154
AROON (14):	71.4286
DEMA (21):	2.8466
Parabolic SAR (0,02-0,02-0,2):	2.8355
Elder Ray (13):	0.0022
Super Trend (3,10):	2.8326
Zig ZAG (10):	2.8440
VORTEX (21):	1.1379
Stochastique (14,3,5):	80.84
TEMA (21):	2.8472
Williams %R (14):	-35.56
Chande Momentum Oscillator (20):	0.0012
Repulse (5,40,3):	-0.0855
ROCnROLL:	1
TRIX (15,9):	0.0202
Courbe Coppock:	0.57

MA7:	2.8350
MA20:	2.8361
MA50:	2.8653
MA100:	2.8829
MAexp7:	2.8448
MAexp20:	2.8417
MAexp50:	2.8359
MAexp100:	2.8344
Price / MA7:	+0.34%
Price / MA20:	+0.30%
Price / MA50:	-0.73%
Price / MA100:	-1.33%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.10%
Price / MAexp50:	+0.30%
Price / MAexp100:	+0.36%

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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