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NOK/MXN
NOK MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NOKMXN
ISIN:

NOK/MXN - 1H - Technical analysis published on 12/24/2024 (GMT)

  • 120
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
39%
22%
39%
My opinion
Neutral between 1.7728 MXN and 1.7831 MXN
My targets
-
My analysis
The short-term increase on NOK/MXN remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.7831 MXN. The first support is located at 1.7728 MXN. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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 NOK/MXN price is 1.7769 MXN. The price is lower by -0.02% since the last closing with the lowest point at 1.7655 MXN and the highest point at 1.7783 MXN. The deviation from the price is +0.65% for the low point and -0.08% for the high point.

1.7655
1.7783
1.7769

Here is a more detailed summary of the historical variations registered by NOK/MXN:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NOK/MXN indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.7611 1.7678 1.7728 1.7769 1.7831 1.7928 1.8083
Change (%) -0.89% -0.51% -0.23% - +0.35% +0.89% +1.77%
Change -0.0158 -0.0091 -0.0041 - +0.0062 +0.0159 +0.0314
Level Minor Intermediate Intermediate - Minor Minor Intermediate



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
Standard1.75371.76081.76901.77611.78431.79141.7996
Camarilla1.77311.77451.77591.77731.77871.78011.7815
Woodie1.75441.76111.76971.77641.78501.79171.8003
Fibonacci1.76081.76661.77021.77611.78191.78551.7914


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.70211.73161.75311.78261.80411.83361.8551
Camarilla1.76061.76531.76991.77461.77931.78401.7886
Woodie1.69811.72961.74911.78061.80011.83161.8511
Fibonacci1.73161.75111.76311.78261.80211.81411.8336


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.74531.77731.81041.84241.87551.90751.9406
Camarilla1.82561.83161.83751.84351.84951.85541.8614
Woodie1.74591.77761.81101.84271.87611.90781.9412
Fibonacci1.77731.80221.81751.84241.86731.88261.9075

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): 51.74
MACD (12,26,9): -0.0008
Directional Movement: -1.1606
AROON (14): -50.0000
DEMA (21): 1.7719
Parabolic SAR (0,02-0,02-0,2): 1.7782
Elder Ray (13): 0.0011
Super Trend (3,10): 1.7648
Zig ZAG (10): 1.7748
VORTEX (21): 0.9524
Stochastique (14,3,5): 66.89
TEMA (21): 1.7716
Williams %R (14): -21.62
Chande Momentum Oscillator (20): -0.0009
Repulse (5,40,3): 0.0805
ROCnROLL: -1
TRIX (15,9): -0.0092
Courbe Coppock: 0.46
MA7: 1.7864
MA20: 1.8134
MA50: 1.8247
MA100: 1.8246
MAexp7: 1.7727
MAexp20: 1.7731
MAexp50: 1.7750
MAexp100: 1.7800
Price / MA7: -0.53%
Price / MA20: -2.01%
Price / MA50: -2.62%
Price / MA100: -2.61%
Price / MAexp7: +0.24%
Price / MAexp20: +0.21%
Price / MAexp50: +0.11%
Price / MAexp100: -0.17%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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