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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 02/24/2025 (GMT)

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

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 2.8556 MXN
My targets
2.8670 MXN (+0.0029)
2.8778 MXN (+0.0137)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2.8556 MXN remains possible. It is advisable to trade DKK/MXN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.8556 MXN. The next bullish objective for buyers is set at 2.8670 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.8778 MXN. If there is any crossing, the next objective would be the resistance located at 2.9030 MXN. PS: if there is a bearish break in the support located at 2.8556 MXN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.6

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

The DKK/MXN rating is 2.8641 MXN. The price is lower by -0.01% since the last closing and was between 2.8574 MXN and 2.8744 MXN. This implies that the price is at +0.23% from its lowest and at -0.36% from its highest.

2.8574
2.8744
2.8641

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

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 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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DKK/MXN chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.8266 2.8464 2.8556 2.8641 2.8670 2.8778 2.9030
Change (%) -1.31% -0.62% -0.30% - +0.10% +0.48% +1.36%
Change -0.0375 -0.0177 -0.0085 - +0.0029 +0.0137 +0.0389
Level Major Intermediate Minor - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.83292.84002.85212.85922.87132.87842.8905
Camarilla2.85902.86082.86252.86432.86612.86782.8696
Woodie2.83552.84132.85472.86052.87392.87972.8931
Fibonacci2.84002.84732.85182.85922.86652.87102.8784


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.79722.81292.83862.85432.88002.89572.9214
Camarilla2.85292.85672.86052.86432.86812.87192.8757
Woodie2.80222.81542.84362.85682.88502.89822.9264
Fibonacci2.81292.82872.83852.85432.87012.87992.8957


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.70952.75962.81562.86572.92172.97183.0278
Camarilla2.84232.85212.86182.87152.88122.89102.9007
Woodie2.71242.76112.81852.86722.92462.97333.0307
Fibonacci2.75962.80022.82522.86572.90632.93132.9718

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.65
MACD (12,26,9): 0.0024
Directional Movement: 6.5119
AROON (14): 64.2857
DEMA (21): 2.8692
Parabolic SAR (0,02-0,02-0,2): 2.8740
Elder Ray (13): -0.0002
Super Trend (3,10): 2.8583
Zig ZAG (10): 2.8645
VORTEX (21): 1.1607
Stochastique (14,3,5): 55.88
TEMA (21): 2.8698
Williams %R (14): -51.18
Chande Momentum Oscillator (20): 0.0030
Repulse (5,40,3): -0.1059
ROCnROLL: -1
TRIX (15,9): 0.0149
Courbe Coppock: 0.41
MA7: 2.8560
MA20: 2.8576
MA50: 2.8493
MA100: 2.8656
MAexp7: 2.8673
MAexp20: 2.8658
MAexp50: 2.8616
MAexp100: 2.8580
Price / MA7: +0.28%
Price / MA20: +0.23%
Price / MA50: +0.52%
Price / MA100: -0.05%
Price / MAexp7: -0.12%
Price / MAexp20: -0.07%
Price / MAexp50: +0.08%
Price / MAexp100: +0.21%

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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Londinia
Londinia AI

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