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

DKK/MXN - 1H - Technical analysis published on 03/31/2025 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 2.9445 MXN
My targets
2.9680 MXN (+0.0115)
3.0147 MXN (+0.0582)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2.9445 MXN remains possible. It is advisable to trade DKK/MXN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.9445 MXN. The next bullish objective for buyers is set at 2.9680 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.0147 MXN. If there is any crossing, the next objective would be the resistance located at 3.1404 MXN. PS: if there is a bearish break in the support located at 2.9445 MXN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2

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

DKK/MXN rating 2.9565 MXN. The price registered a decrease of -0.01% on the session and was traded between 2.9533 MXN and 2.9692 MXN over the period. The price is currently at +0.11% from its lowest and -0.43% from its highest.

2.9533
2.9692
2.9565

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 HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this DKK/MXN chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.9118 2.9273 2.9445 2.9565 2.9680 3.1404 3.3329
Change (%) -1.51% -0.99% -0.41% - +0.39% +6.22% +12.73%
Change -0.0447 -0.0292 -0.0120 - +0.0115 +0.1839 +0.3764
Level Intermediate Minor Intermediate - Major Major 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
Standard2.89202.90962.93332.95092.97462.99223.0159
Camarilla2.94552.94932.95312.95692.96072.96452.9683
Woodie2.89502.91112.93632.95242.97762.99373.0189
Fibonacci2.90962.92542.93522.95092.96672.97652.9922


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.83582.86472.91082.93972.98583.01473.0608
Camarilla2.93632.94322.95002.95692.96382.97072.9775
Woodie2.84442.86902.91942.94402.99443.01903.0694
Fibonacci2.86472.89342.91112.93972.96842.98613.0147


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.69612.75252.80572.86212.91532.97173.0249
Camarilla2.82882.83882.84892.85892.86902.87902.8890
Woodie2.69452.75172.80412.86132.91372.97093.0233
Fibonacci2.75252.79442.82022.86212.90402.92982.9717

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): 50.73
MACD (12,26,9): 0.0030
Directional Movement: 4.6172
AROON (14): 42.8571
DEMA (21): 2.9629
Parabolic SAR (0,02-0,02-0,2): 2.9692
Elder Ray (13): -0.0035
Super Trend (3,10): 2.9504
Zig ZAG (10): 2.9570
VORTEX (21): 0.9536
Stochastique (14,3,5): 25.85
TEMA (21): 2.9604
Williams %R (14): -79.31
Chande Momentum Oscillator (20): -0.0047
Repulse (5,40,3): -0.0520
ROCnROLL: -1
TRIX (15,9): 0.0245
Courbe Coppock: 0.01
MA7: 2.9293
MA20: 2.9328
MA50: 2.8909
MA100: 2.8746
MAexp7: 2.9589
MAexp20: 2.9578
MAexp50: 2.9481
MAexp100: 2.9372
Price / MA7: +0.93%
Price / MA20: +0.81%
Price / MA50: +2.27%
Price / MA100: +2.85%
Price / MAexp7: -0.08%
Price / MAexp20: -0.04%
Price / MAexp50: +0.28%
Price / MAexp100: +0.66%

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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