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

CAD/MXN - 1H - Technical analysis published on 09/02/2024 (GMT)

  • 150
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
61%
0%
39%
My opinion
Neutral between 14.523 MXN and 14.724 MXN
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CAD/MXN. It is difficult to advise a trading direction under these conditions. The first resistance is located at 14.724 MXN. The first support is located at 14.523 MXN. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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 CAD/MXN price is 14.621 MXN. On the day, this instrument lost -0.01% with the lowest point at 14.570 MXN and the highest point at 14.645 MXN. The deviation from the price is +0.35% for the low point and -0.16% for the high point.

14.570
14.645
14.621

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

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


Technical analysis of CAD/MXN in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



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:

Central Patterns

Resistance of channel is broken

Type : Bullish

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 14.208 14.285 14.424 14.621 14.724 14.807 15.929
Change (%) -2.82% -2.30% -1.35% - +0.70% +1.27% +8.95%
Change -0.413 -0.336 -0.197 - +0.103 +0.186 +1.308
Level Minor Minor Major - Minor Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.32014.42714.52414.63114.72814.83514.932
Camarilla14.56614.58514.60314.62214.64114.65914.678
Woodie14.31614.42514.52014.62914.72414.83314.928
Fibonacci14.42714.50514.55314.63114.70914.75714.835


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.57413.85714.24014.52314.90615.18915.572
Camarilla14.43914.50014.56114.62214.68314.74414.805
Woodie13.62313.88214.28914.54814.95515.21415.621
Fibonacci13.85714.11214.26914.52314.77814.93515.189


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.26012.80713.71414.26115.16815.71516.622
Camarilla14.22214.35514.48914.62214.75514.88915.022
Woodie12.44112.89713.89514.35115.34915.80516.803
Fibonacci12.80713.36213.70514.26114.81615.15915.715

Numerical data


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

Technical indicators
Moving averages

RSI (14): 49.33
MACD (12,26,9): -0.0060
Directional Movement: 2.417
AROON (14): 57.143
DEMA (21): 14.610
Parabolic SAR (0,02-0,02-0,2): 14.582
Elder Ray (13): -0.005
Super Trend (3,10): 14.686
Zig ZAG (10): 14.621
VORTEX (21): 0.9520
Stochastique (14,3,5): 72.29
TEMA (21): 14.609
Williams %R (14): -28.89
Chande Momentum Oscillator (20): 0.010
Repulse (5,40,3): 0.0530
ROCnROLL: 1
TRIX (15,9): -0.0120
Courbe Coppock: 0.48
MA7: 14.542
MA20: 14.116
MA50: 13.621
MA100: 13.137
MAexp7: 14.618
MAexp20: 14.619
MAexp50: 14.621
MAexp100: 14.563
Price / MA7: +0.54%
Price / MA20: +3.58%
Price / MA50: +7.34%
Price / MA100: +11.30%
Price / MAexp7: +0.02%
Price / MAexp20: +0.01%
Price / MAexp50: -0%
Price / MAexp100: +0.40%

Quotes : - Real time data - Forex

News


The latest news and videos published on CAD/MXN at the time of the analysis were as follows:

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

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