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

CAD/ZAR - 1H - Technical analysis published on 03/26/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 12.7614 ZAR
My targets
12.8254 ZAR (+0.0270)
12.9314 ZAR (+0.1330)
My analysis
The basic bullish trend is very strong on CAD/ZAR but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 12.7614 ZAR. Crossing the first resistance at 12.8254 ZAR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 12.9314 ZAR as an objective. Crossing it would then enable buyers to target 13.0307 ZAR. Caution, a return to below 12.7614 ZAR would be a sign of a consolidation phase in 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1

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/ZAR rating is 12.7984 ZAR. The price registered a decrease of -0.07% on the session and was traded between 12.7738 ZAR and 12.8322 ZAR over the period. The price is currently at +0.19% from its lowest and -0.26% from its highest.

12.7738
12.8322
12.7984

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CAD/ZAR chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 1 (Weekly)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1 (Monthly)

Type : Neutral

Timeframe : 1 hour



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 horizontal support

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.6917 12.7398 12.7614 12.7984 12.8254 13.0307 13.2931
Change (%) -0.83% -0.46% -0.29% - +0.21% +1.82% +3.87%
Change -0.1067 -0.0586 -0.0370 - +0.0270 +0.2323 +0.4947
Level Intermediate Intermediate Minor - Minor 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
Standard12.613312.652612.729912.769212.846512.885812.9631
Camarilla12.775212.785912.796612.807312.818012.828712.8394
Woodie12.632412.662112.749012.778712.865612.895312.9822
Fibonacci12.652612.697112.724612.769212.813712.841212.8858


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.448412.526012.609412.687012.770412.848012.9314
Camarilla12.648612.663412.678112.692912.707712.722412.7372
Woodie12.451412.527512.612412.688512.773412.849512.9344
Fibonacci12.526012.587512.625512.687012.748512.786512.8480


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.435312.600812.762012.927513.088713.254213.4154
Camarilla12.833412.863312.893312.923212.953212.983113.0130
Woodie12.433212.599712.759912.926413.086613.253113.4133
Fibonacci12.600812.725612.802712.927513.052313.129413.2542

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): 60.39
MACD (12,26,9): 0.0149
Directional Movement: 7.5348
AROON (14): 42.8571
DEMA (21): 12.8148
Parabolic SAR (0,02-0,02-0,2): 12.7811
Elder Ray (13): 0.0121
Super Trend (3,10): 12.7496
Zig ZAG (10): 12.8099
VORTEX (21): 1.1004
Stochastique (14,3,5): 67.36
TEMA (21): 12.8145
Williams %R (14): -40.58
Chande Momentum Oscillator (20): 0.0107
Repulse (5,40,3): -0.0403
ROCnROLL: 1
TRIX (15,9): 0.0186
Courbe Coppock: 0.15
MA7: 12.7208
MA20: 12.7328
MA50: 12.8513
MA100: 12.8651
MAexp7: 12.8051
MAexp20: 12.7940
MAexp50: 12.7651
MAexp100: 12.7371
Price / MA7: +0.61%
Price / MA20: +0.52%
Price / MA50: -0.41%
Price / MA100: -0.52%
Price / MAexp7: -0.05%
Price / MAexp20: +0.04%
Price / MAexp50: +0.26%
Price / MAexp100: +0.48%

Quotes : - Real time data - Forex

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

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