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 04/04/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 14.191 MXN
My targets
14.083 MXN (-0.076)
14.032 MXN (-0.127)
My analysis
CAD/MXN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14.191 MXN. The next support located at 14.083 MXN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 14.032 MXN. Below this support, sellers could then target 13.942 MXN. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4

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.

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 14.159 MXN. The price registered a decrease of -0.05% on the session and was between 14.143 MXN and 14.177 MXN. This implies that the price is at +0.11% from its lowest and at -0.13% from its highest.

14.143
14.177
14.159

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAD/MXN in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near support of triangle

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 14.032 14.083 14.150 14.159 14.191 14.222 14.258
Change (%) -0.90% -0.54% -0.06% - +0.23% +0.44% +0.70%
Change -0.127 -0.076 -0.009 - +0.032 +0.063 +0.099
Level Minor Minor Major - Intermediate 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
Standard13.95814.03814.10214.18214.24614.32614.390
Camarilla14.12614.14014.15314.16614.17914.19214.206
Woodie13.95014.03414.09414.17814.23814.32214.382
Fibonacci14.03814.09314.12714.18214.23714.27114.326


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.66613.81314.02214.16914.37814.52514.734
Camarilla14.13314.16614.19814.23114.26414.29614.329
Woodie13.69713.82914.05314.18514.40914.54114.765
Fibonacci13.81313.94914.03314.16914.30514.38914.525


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.09413.44013.83414.18014.57414.92015.314
Camarilla14.02514.09214.16014.22814.29614.36414.432
Woodie13.11813.45213.85814.19214.59814.93215.338
Fibonacci13.44013.72313.89714.18014.46314.63714.920

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): 47.56
MACD (12,26,9): -0.0110
Directional Movement: -6.068
AROON (14): -21.429
DEMA (21): 14.155
Parabolic SAR (0,02-0,02-0,2): 14.175
Elder Ray (13): 0.001
Super Trend (3,10): 14.245
Zig ZAG (10): 14.165
VORTEX (21): 1.0000
Stochastique (14,3,5): 41.64
TEMA (21): 14.155
Williams %R (14): -54.08
Chande Momentum Oscillator (20): 0.018
Repulse (5,40,3): 0.0240
ROCnROLL: 2
TRIX (15,9): -0.0140
Courbe Coppock: 0.26
MA7: 14.209
MA20: 14.086
MA50: 14.209
MA100: 14.267
MAexp7: 14.162
MAexp20: 14.171
MAexp50: 14.190
MAexp100: 14.196
Price / MA7: -0.35%
Price / MA20: +0.52%
Price / MA50: -0.35%
Price / MA100: -0.76%
Price / MAexp7: -0.02%
Price / MAexp20: -0.08%
Price / MAexp50: -0.22%
Price / MAexp100: -0.26%

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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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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