DKK/MXN - 1H - Technical analysis published on 04/28/2025 (GMT)
- 96
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 2.9941 MXN
My targets
2.9413 MXN (-0.0287)
2.9126 MXN (-0.0574)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DKK/MXN as long as the price remains well below 2.9941 MXN. The sellers' bearish objective is set at 2.9413 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.9126 MXN. In case of crossing, the next objective would be the support located at 2.9007 MXN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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:
Additional analysis
Quotes
The DKK/MXN price is 2.9700 MXN. The price has increased by +0.00% since the last closing with the lowest point at 2.9628 MXN and the highest point at 2.9791 MXN. The deviation from the price is +0.24% for the low point and -0.31% for the high point.2.9628
2.9791
2.9700
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/MXN in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.8673 | 2.9007 | 2.9680 | 2.9700 | 2.9941 | 3.0184 | 3.0497 |
| Change (%) | -3.46% | -2.33% | -0.07% | - | +0.81% | +1.63% | +2.68% |
| Change | -0.1027 | -0.0693 | -0.0020 | - | +0.0241 | +0.0484 | +0.0797 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.9322 | 2.9495 | 2.9598 | 2.9771 | 2.9874 | 3.0047 | 3.0150 |
| Camarilla | 2.9625 | 2.9650 | 2.9676 | 2.9701 | 2.9726 | 2.9752 | 2.9777 |
| Woodie | 2.9287 | 2.9478 | 2.9563 | 2.9754 | 2.9839 | 3.0030 | 3.0115 |
| Fibonacci | 2.9495 | 2.9600 | 2.9666 | 2.9771 | 2.9876 | 2.9942 | 3.0047 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.8583 | 2.9126 | 2.9413 | 2.9956 | 3.0243 | 3.0786 | 3.1073 |
| Camarilla | 2.9473 | 2.9549 | 2.9625 | 2.9701 | 2.9777 | 2.9853 | 2.9929 |
| Woodie | 2.8456 | 2.9062 | 2.9286 | 2.9892 | 3.0116 | 3.0722 | 3.0946 |
| Fibonacci | 2.9126 | 2.9443 | 2.9639 | 2.9956 | 3.0273 | 3.0469 | 3.0786 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.7578 | 2.8060 | 2.8875 | 2.9357 | 3.0172 | 3.0654 | 3.1469 |
| Camarilla | 2.9333 | 2.9452 | 2.9571 | 2.9690 | 2.9809 | 2.9928 | 3.0047 |
| Woodie | 2.7745 | 2.8143 | 2.9042 | 2.9440 | 3.0339 | 3.0737 | 3.1636 |
| Fibonacci | 2.8060 | 2.8556 | 2.8862 | 2.9357 | 2.9853 | 3.0159 | 3.0654 |
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): | 45.89 | |
| MACD (12,26,9): | -0.0031 | |
| Directional Movement: | -17.1106 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 2.9707 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.9763 | |
| Elder Ray (13): | -0.0049 | |
| Super Trend (3,10): | 2.9870 | |
| Zig ZAG (10): | 2.9733 | |
| VORTEX (21): | 0.7997 | |
| Stochastique (14,3,5): | 36.00 | |
| TEMA (21): | 2.9697 | |
| Williams %R (14): | -45.11 | |
| Chande Momentum Oscillator (20): | 0.0022 | |
| Repulse (5,40,3): | 0.0942 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0140 | |
| Courbe Coppock: | 0.47 |
| MA7: | 2.9912 | |
| MA20: | 3.0104 | |
| MA50: | 2.9511 | |
| MA100: | 2.8998 | |
| MAexp7: | 2.9713 | |
| MAexp20: | 2.9745 | |
| MAexp50: | 2.9799 | |
| MAexp100: | 2.9894 | |
| Price / MA7: | -0.71% | |
| Price / MA20: | -1.34% | |
| Price / MA50: | +0.64% | |
| Price / MA100: | +2.42% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.33% | |
| Price / MAexp100: | -0.65% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis DKK/MXN - 1H