NZD/MXN
0.1358
MXN
(-7.11%)
04/04/2025 - 15:35
Closed Real time data - Forex
| Open: | 0.1450 |
| Change: | -0.0104 |
| Volume: | 29,188,779 |
| Low: | 0.1320 |
| High: | 0.1452 |
| High / Low range: | 0.0132 |
| Type: | Forex |
| Ticker: | NZDMXN |
| ISIN: |
NZD/MXN - 1H - Technical analysis published on 06/29/2023 (GMT)
- 164
- 0
- 06/29/2023 - 09:03
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- Timeframe : 1H
- - Analysis generated on 06/29/2023 - 09:03
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 10.4061 MXN
My targets
10.3681 MXN (-0.0178)
10.3089 MXN (-0.0770)
My analysis
The bearish basic trend is very strong on NZD/MXN but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 10.4061 MXN. Crossing the first support at 10.3681 MXN would be a sign of a further potential price plummet. Sellers would then use the next support located at 10.3089 MXN as an objective. Crossing it would then enable sellers to target 9.9003 MXN. Caution, a return to above the resistance located at 10.4061 MXN would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/MXN rating is 10.3859 MXN. The price has increased by +0.00% since the last closing with the lowest point at 10.3711 MXN and the highest point at 10.4123 MXN. The deviation from the price is +0.14% for the low point and -0.25% for the high point.10.3711
10.4123
10.3859
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
Here is a more detailed summary of the historical variations registered by NZD/MXN:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NZD/MXN indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.7476 | 9.9003 | 10.3681 | 10.3859 | 10.4881 | 10.5425 | 10.6057 |
| Change (%) | -15.77% | -4.68% | -0.17% | - | +0.98% | +1.51% | +2.12% |
| Change | -1.6383 | -0.4856 | -0.0178 | - | +0.1022 | +0.1566 | +0.2198 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 10.1746 | 10.2711 | 10.3285 | 10.4250 | 10.4824 | 10.5789 | 10.6363 |
| Camarilla | 10.3437 | 10.3578 | 10.3719 | 10.3860 | 10.4001 | 10.4142 | 10.4283 |
| Woodie | 10.1552 | 10.2613 | 10.3091 | 10.4152 | 10.4630 | 10.5691 | 10.6169 |
| Fibonacci | 10.2711 | 10.3299 | 10.3662 | 10.4250 | 10.4838 | 10.5201 | 10.5789 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.3089 | 10.4061 | 10.4808 | 10.5780 | 10.6527 | 10.7499 | 10.8246 |
| Camarilla | 10.5083 | 10.5241 | 10.5398 | 10.5556 | 10.5714 | 10.5871 | 10.6029 |
| Woodie | 10.2978 | 10.4005 | 10.4697 | 10.5724 | 10.6416 | 10.7443 | 10.8135 |
| Fibonacci | 10.4061 | 10.4717 | 10.5123 | 10.5780 | 10.6436 | 10.6842 | 10.7499 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.5957 | 10.0805 | 10.3670 | 10.8518 | 11.1383 | 11.6231 | 11.9096 |
| Camarilla | 10.4414 | 10.5121 | 10.5828 | 10.6535 | 10.7242 | 10.7949 | 10.8656 |
| Woodie | 9.4966 | 10.0309 | 10.2679 | 10.8022 | 11.0392 | 11.5735 | 11.8105 |
| Fibonacci | 10.0805 | 10.3751 | 10.5572 | 10.8518 | 11.1464 | 11.3285 | 11.6231 |
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): | 41.75 | |
| MACD (12,26,9): | -0.0135 | |
| Directional Movement: | -2.0234 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 10.3751 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.4083 | |
| Elder Ray (13): | 0.0035 | |
| Super Trend (3,10): | 10.4382 | |
| Zig ZAG (10): | 10.3918 | |
| VORTEX (21): | 1.0217 | |
| Stochastique (14,3,5): | 60.71 | |
| TEMA (21): | 10.3883 | |
| Williams %R (14): | -44.29 | |
| Chande Momentum Oscillator (20): | 0.0133 | |
| Repulse (5,40,3): | -0.0151 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0296 | |
| Courbe Coppock: | 0.16 |
| MA7: | 10.5240 | |
| MA20: | 10.5761 | |
| MA50: | 10.8408 | |
| MA100: | 11.1264 | |
| MAexp7: | 10.3924 | |
| MAexp20: | 10.3983 | |
| MAexp50: | 10.4408 | |
| MAexp100: | 10.4905 | |
| Price / MA7: | -1.31% | |
| Price / MA20: | -1.80% | |
| Price / MA50: | -4.20% | |
| Price / MA100: | -6.66% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.53% | |
| Price / MAexp100: | -1.00% |
Quotes :
06/29/2023 - 09:03
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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