Post an Analysis Request an analysis AI Londinia analysis
CHF/MXN
CHF MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFMXN
ISIN:

CHF/MXN - 1H - Technical analysis published on 09/09/2020 (GMT)

  • Who voted?
  • 183
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Slightly bullish
Technical indicators
67%
0%
33%
My opinion
Neutral between 23.6558 MXN and 23.7902 MXN
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CHF/MXN. It is difficult to advise a trading direction under these conditions. The first resistance is located at 23.7902 MXN. The first support is located at 23.6558 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.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish 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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/MXN rating is 23.7421 MXN. The price registered a decrease of -0.35% on the session and was traded between 23.7393 MXN and 23.9033 MXN over the period. The price is currently at +0.01% from its lowest and -0.67% from its highest.

23.7393
23.9033
23.7421

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:

Technical


Technical analysis of this 1H chart of CHF/MXN indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.0359 23.5362 23.6558 23.7421 23.7902 23.8779 24.0326
Change (%) -2.97% -0.87% -0.36% - +0.20% +0.57% +1.22%
Change -0.7062 -0.2059 -0.0863 - +0.0481 +0.1358 +0.2905
Level Minor Major Major - Minor Intermediate Intermediate



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
Standard23.283723.401823.613423.731523.943124.061224.2728
Camarilla23.734423.764723.794923.825123.855323.885623.9158
Woodie23.330623.425223.660323.754923.990024.084624.3197
Fibonacci23.401823.527723.605523.731523.857423.935224.0612


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.653216.864517.042517.253817.431817.643117.8211
Camarilla17.113517.149217.184917.220617.256317.292017.3277
Woodie16.636716.856217.026017.245517.415317.634817.8046
Fibonacci16.864517.013217.105117.253817.402517.494417.6431


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.858923.446123.844524.431724.830125.417325.8157
Camarilla23.972024.062324.152724.243024.333424.423724.5140
Woodie22.764623.398923.750224.384524.735825.370125.7214
Fibonacci23.446123.822624.055224.431724.808225.040825.4173

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): 59.82
MACD (12,26,9): 0.0523
Directional Movement: 11.8506
AROON (14): 64.2857
DEMA (21): 23.8389
Parabolic SAR (0,02-0,02-0,2): 23.7366
Elder Ray (13): 0.0091
Super Trend (3,10): 23.7140
Zig ZAG (10): 23.8073
VORTEX (21): 1.1206
Stochastique (14,3,5): 68.23
TEMA (21): 23.8665
Williams %R (14): -28.65
Chande Momentum Oscillator (20): 0.1008
Repulse (5,40,3): 0.0062
ROCnROLL: 1
TRIX (15,9): 0.0315
Courbe Coppock: 1.08
MA7: 23.7729
MA20: 24.0877
MA50: 24.1259
MA100: 24.0537
MAexp7: 23.8096
MAexp20: 23.7730
MAexp50: 23.7174
MAexp100: 23.7411
Price / MA7: -0.13%
Price / MA20: -1.43%
Price / MA50: -1.59%
Price / MA100: -1.30%
Price / MAexp7: -0.28%
Price / MAexp20: -0.13%
Price / MAexp50: +0.10%
Price / MAexp100: +0.00%

Quotes : 2020-09-09 07:45:18 - Real time data - Forex

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

About author

Londinia
Londinia AI

Online

Overall rating :
15106
Number of analyses :
72416
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis CHF/MXN - 1H

NEW !