GBP/MXN - Daily - Technical analysis published on 07/03/2020 (GMT)
- Who voted?
- 152
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Additional analysis
Quotes
GBP/MXN rating 28.0850 MXN. The price has increased by +0.22% since the last closing with the lowest point at 27.8836 MXN and the highest point at 28.0942 MXN. The deviation from the price is +0.72% for the low point and -0.03% for the high point.A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this GBP/MXN chart shows a slightly bullish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 24.8694 | 26.6086 | 27.7060 | 28.0850 | 28.7445 | 29.6222 | 30.3466 |
Change (%) | -11.45% | -5.26% | -1.35% | - | +2.35% | +5.47% | +8.05% |
Change | -3.2156 | -1.4764 | -0.3790 | - | +0.6595 | +1.5372 | +2.2616 |
Level | Intermediate | Minor | Major | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 27.4353 | 27.6939 | 27.8592 | 28.1178 | 28.2831 | 28.5417 | 28.7070 |
Camarilla | 27.9080 | 27.9469 | 27.9857 | 28.0246 | 28.0635 | 28.1023 | 28.1412 |
Woodie | 27.3888 | 27.6706 | 27.8127 | 28.0945 | 28.2366 | 28.5184 | 28.6605 |
Fibonacci | 27.6939 | 27.8558 | 27.9558 | 28.1178 | 28.2797 | 28.3797 | 28.5417 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 24.0639 | 24.4872 | 24.7600 | 25.1833 | 25.4561 | 25.8794 | 26.1522 |
Camarilla | 24.8414 | 24.9052 | 24.9690 | 25.0328 | 25.0966 | 25.1604 | 25.2242 |
Woodie | 23.9887 | 24.4496 | 24.6848 | 25.1457 | 25.3809 | 25.8418 | 26.0770 |
Fibonacci | 24.4872 | 24.7531 | 24.9174 | 25.1833 | 25.4492 | 25.6135 | 25.8794 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 28.0106 | 28.1505 | 28.3319 | 28.4718 | 28.6532 | 28.7931 | 28.9745 |
Camarilla | 28.4250 | 28.4545 | 28.4840 | 28.5134 | 28.5429 | 28.5723 | 28.6018 |
Woodie | 28.0315 | 28.1609 | 28.3528 | 28.4822 | 28.6741 | 28.8035 | 28.9954 |
Fibonacci | 28.1505 | 28.2732 | 28.3490 | 28.4718 | 28.5945 | 28.6703 | 28.7931 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 50.13 | |
MACD (12,26,9): | -0.0801 | |
Directional Movement: | 3.7417 | |
AROON (14): | 14.2857 | |
DEMA (21): | 27.7516 | |
Parabolic SAR (0,02-0,02-0,2): | 24.3305 | |
Elder Ray (13): | 0.0845 | |
Super Trend (3,10): | 25.1661 | |
Zig ZAG (10): | 28.0292 | |
VORTEX (21): | 1.0046 | |
Stochastique (14,3,5): | 89.90 | |
TEMA (21): | 27.8872 | |
Williams %R (14): | -12.16 | |
Chande Momentum Oscillator (20): | -0.1578 | |
Repulse (5,40,3): | -0.7729 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0805 | |
Courbe Coppock: | 1.20 |
MA7: | 27.6494 | |
MA20: | 27.9328 | |
MA50: | 28.3898 | |
MA100: | 28.1661 | |
MAexp7: | 27.9331 | |
MAexp20: | 27.9033 | |
MAexp50: | 28.1066 | |
MAexp100: | 27.7762 | |
Price / MA7: | +1.58% | |
Price / MA20: | +0.54% | |
Price / MA50: | -1.07% | |
Price / MA100: | -0.29% | |
Price / MAexp7: | +0.55% | |
Price / MAexp20: | +0.65% | |
Price / MAexp50: | -0.07% | |
Price / MAexp100: | +1.11% |
Add a comment
Comments
0 comments on the analysis GBP/MXN - Daily