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 06/03/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 13.0297 ZAR
My targets
12.9826 ZAR (-0.0276)
12.9269 ZAR (-0.0833)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on CAD/ZAR as long as the price remains well below 13.0297 ZAR. The next bearish objective for sellers is set at 12.9826 ZAR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12.9269 ZAR. In case of crossing, the next objective would be the support located at 12.8816 ZAR.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
3.4

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/ZAR rating is 13.0102 ZAR. The price is lower by -0.04% since the last closing with the lowest point at 12.9947 ZAR and the highest point at 13.0341 ZAR. The deviation from the price is +0.12% for the low point and -0.18% for the high point.

12.9947
13.0341
13.0102

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CAD/ZAR chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.8816 12.9269 12.9826 13.0102 13.0297 13.1100 13.1430
Change (%) -0.99% -0.64% -0.21% - +0.15% +0.77% +1.02%
Change -0.1286 -0.0833 -0.0276 - +0.0195 +0.0998 +0.1328
Level Intermediate Intermediate Minor - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.878112.944312.979913.046113.081713.147913.1835
Camarilla12.987512.996813.006213.015513.024813.034213.0435
Woodie12.862812.936712.964613.038513.066413.140313.1682
Fibonacci12.944312.983213.007213.046113.085013.109013.1479


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.658512.762912.934313.038713.210113.314513.4859
Camarilla13.030013.055213.080513.105813.131113.156413.1817
Woodie12.692112.779712.967913.055513.243713.331313.5195
Fibonacci12.762912.868212.933313.038713.144013.209113.3145


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.089512.468412.787113.166013.484713.863614.1823
Camarilla12.914012.977913.041913.105813.169813.233713.2976
Woodie12.059412.453412.757013.151013.454613.848614.1522
Fibonacci12.468412.734912.899513.166013.432513.597113.8636

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): 38.92
MACD (12,26,9): -0.0111
Directional Movement: -8.3627
AROON (14): -100.0000
DEMA (21): 13.0174
Parabolic SAR (0,02-0,02-0,2): 13.0334
Elder Ray (13): -0.0149
Super Trend (3,10): 13.0700
Zig ZAG (10): 13.0079
VORTEX (21): 0.8396
Stochastique (14,3,5): 23.97
TEMA (21): 13.0005
Williams %R (14): -71.27
Chande Momentum Oscillator (20): -0.0151
Repulse (5,40,3): -0.0550
ROCnROLL: 2
TRIX (15,9): -0.0106
Courbe Coppock: 0.51
MA7: 12.9978
MA20: 13.0092
MA50: 13.2481
MA100: 13.0526
MAexp7: 13.0166
MAexp20: 13.0294
MAexp50: 13.0277
MAexp100: 13.0107
Price / MA7: +0.10%
Price / MA20: +0.01%
Price / MA50: -1.80%
Price / MA100: -0.32%
Price / MAexp7: -0.05%
Price / MAexp20: -0.15%
Price / MAexp50: -0.13%
Price / MAexp100: +0.00%

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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