DKK/MXN - 1H - Technical analysis published on 03/28/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 2.9242 MXN
My targets
2.9445 MXN (+0.0070)
2.9680 MXN (+0.0305)
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 2.9242 MXN. The buyers' bullish objective is set at 2.9445 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.9680 MXN. If there is any crossing, the next objective would be the resistance located at 3.1404 MXN. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DKK/MXN rating 2.9375 MXN. On the day, this instrument lost -0.02% with the lowest point at 2.9370 MXN and the highest point at 2.9407 MXN. The deviation from the price is +0.02% for the low point and -0.11% for the high point.2.9370
2.9407
2.9375
Here is a more detailed summary of the historical variations registered by DKK/MXN:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/MXN in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Aroon indicator bearish trend
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.
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 | 2.9118 | 2.9242 | 2.9353 | 2.9375 | 2.9445 | 2.9680 | 3.1404 |
Change (%) | -0.87% | -0.45% | -0.07% | - | +0.24% | +1.04% | +6.91% |
Change | -0.0257 | -0.0133 | -0.0022 | - | +0.0070 | +0.0305 | +0.2029 |
Level | Intermediate | Minor | Minor | - | Intermediate | Major | Major |
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 | 2.8748 | 2.8914 | 2.9147 | 2.9313 | 2.9546 | 2.9712 | 2.9945 |
Camarilla | 2.9270 | 2.9307 | 2.9343 | 2.9380 | 2.9417 | 2.9453 | 2.9490 |
Woodie | 2.8782 | 2.8931 | 2.9181 | 2.9330 | 2.9580 | 2.9729 | 2.9979 |
Fibonacci | 2.8914 | 2.9066 | 2.9161 | 2.9313 | 2.9465 | 2.9560 | 2.9712 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.8680 | 2.8854 | 2.9097 | 2.9271 | 2.9514 | 2.9688 | 2.9931 |
Camarilla | 2.9225 | 2.9264 | 2.9302 | 2.9340 | 2.9378 | 2.9417 | 2.9455 |
Woodie | 2.8715 | 2.8871 | 2.9132 | 2.9288 | 2.9549 | 2.9705 | 2.9966 |
Fibonacci | 2.8854 | 2.9013 | 2.9112 | 2.9271 | 2.9430 | 2.9529 | 2.9688 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.6961 | 2.7525 | 2.8057 | 2.8621 | 2.9153 | 2.9717 | 3.0249 |
Camarilla | 2.8288 | 2.8388 | 2.8489 | 2.8589 | 2.8690 | 2.8790 | 2.8890 |
Woodie | 2.6945 | 2.7517 | 2.8041 | 2.8613 | 2.9137 | 2.9709 | 3.0233 |
Fibonacci | 2.7525 | 2.7944 | 2.8202 | 2.8621 | 2.9040 | 2.9298 | 2.9717 |
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): | 63.22 | |
MACD (12,26,9): | 0.0061 | |
Directional Movement: | 12.6870 | |
AROON (14): | -7.1429 | |
DEMA (21): | 2.9417 | |
Parabolic SAR (0,02-0,02-0,2): | 2.9257 | |
Elder Ray (13): | 0.0026 | |
Super Trend (3,10): | 2.9236 | |
Zig ZAG (10): | 2.9380 | |
VORTEX (21): | 1.1454 | |
Stochastique (14,3,5): | 59.48 | |
TEMA (21): | 2.9427 | |
Williams %R (14): | -44.29 | |
Chande Momentum Oscillator (20): | -0.0029 | |
Repulse (5,40,3): | -0.0130 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0334 | |
Courbe Coppock: | 0.64 |
MA7: | 2.9227 | |
MA20: | 2.9300 | |
MA50: | 2.8887 | |
MA100: | 2.8735 | |
MAexp7: | 2.9381 | |
MAexp20: | 2.9333 | |
MAexp50: | 2.9238 | |
MAexp100: | 2.9199 | |
Price / MA7: | +0.51% | |
Price / MA20: | +0.26% | |
Price / MA50: | +1.69% | |
Price / MA100: | +2.23% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | +0.14% | |
Price / MAexp50: | +0.47% | |
Price / MAexp100: | +0.60% |
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
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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