NOK/MXN - 1H - Technical analysis published on 06/20/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 1.9085 MXN
My targets
1.8938 MXN (-0.0071)
1.8821 MXN (-0.0188)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.9085 MXN remains possible. It is advisable to trade NOK/MXN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.9085 MXN. The next bearish objective for sellers is set at 1.8938 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.8821 MXN. In case of crossing, the next objective would be the support located at 1.8663 MXN. PS: if there is a bullish break in the resistance located at 1.9085 MXN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NOK/MXN rating 1.9009 MXN. On the day, this instrument gained +0.22% and was between 1.8967 MXN and 1.9024 MXN. This implies that the price is at +0.22% from its lowest and at -0.08% from its highest.1.8967
1.9024
1.9009
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NOK/MXN chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.8663 | 1.8821 | 1.8938 | 1.9009 | 1.9024 | 1.9085 | 1.9163 |
| Change (%) | -1.82% | -0.99% | -0.37% | - | +0.08% | +0.40% | +0.81% |
| Change | -0.0346 | -0.0188 | -0.0071 | - | +0.0015 | +0.0076 | +0.0154 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8563 | 1.8692 | 1.8830 | 1.8959 | 1.9097 | 1.9226 | 1.9364 |
| Camarilla | 1.8895 | 1.8919 | 1.8944 | 1.8968 | 1.8993 | 1.9017 | 1.9041 |
| Woodie | 1.8568 | 1.8694 | 1.8835 | 1.8961 | 1.9102 | 1.9228 | 1.9369 |
| Fibonacci | 1.8692 | 1.8794 | 1.8857 | 1.8959 | 1.9061 | 1.9124 | 1.9226 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8280 | 1.8478 | 1.8803 | 1.9001 | 1.9326 | 1.9524 | 1.9849 |
| Camarilla | 1.8983 | 1.9031 | 1.9079 | 1.9127 | 1.9175 | 1.9223 | 1.9271 |
| Woodie | 1.8343 | 1.8510 | 1.8866 | 1.9033 | 1.9389 | 1.9556 | 1.9912 |
| Fibonacci | 1.8478 | 1.8678 | 1.8802 | 1.9001 | 1.9201 | 1.9325 | 1.9524 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8025 | 1.8293 | 1.8663 | 1.8931 | 1.9301 | 1.9569 | 1.9939 |
| Camarilla | 1.8859 | 1.8917 | 1.8976 | 1.9034 | 1.9093 | 1.9151 | 1.9210 |
| Woodie | 1.8077 | 1.8319 | 1.8715 | 1.8957 | 1.9353 | 1.9595 | 1.9991 |
| Fibonacci | 1.8293 | 1.8536 | 1.8687 | 1.8931 | 1.9174 | 1.9325 | 1.9569 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.60 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | 0.3997 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.8971 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8842 | |
| Elder Ray (13): | 0.0022 | |
| Super Trend (3,10): | 1.9087 | |
| Zig ZAG (10): | 1.9009 | |
| VORTEX (21): | 0.9725 | |
| Stochastique (14,3,5): | 80.45 | |
| TEMA (21): | 1.8981 | |
| Williams %R (14): | -13.68 | |
| Chande Momentum Oscillator (20): | 0.0060 | |
| Repulse (5,40,3): | 0.1179 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0171 | |
| Courbe Coppock: | 0.15 |
| MA7: | 1.9065 | |
| MA20: | 1.9009 | |
| MA50: | 1.8907 | |
| MA100: | 1.8812 | |
| MAexp7: | 1.8993 | |
| MAexp20: | 1.8993 | |
| MAexp50: | 1.9027 | |
| MAexp100: | 1.9044 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -0% | |
| Price / MA50: | +0.54% | |
| Price / MA100: | +1.05% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.18% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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