Londinia Opportunities Analyses - 01/21/2022 (GMT) DKK/MXN - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 3.1192 MXN
My targets
3.1305 MXN (+0.0072)
3.1366 MXN (+0.0133)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DKK/MXN as long as the price remains well above 3.1192 MXN. The buyers' bullish objective is set at 3.1305 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.1366 MXN. If there is any crossing, the next objective would be the resistance located at 3.1404 MXN. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
DKK/MXN rating 3.1233 MXN. On the day, this instrument gained +0.08% with the lowest point at 3.1158 MXN and the highest point at 3.1233 MXN. The deviation from the price is +0.24% for the low point and 0% for the high point.3.1158
3.1233
3.1233
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 year)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DKK/MXN indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 3.1121 | 3.1192 | 3.1231 | 3.1233 | 3.1305 | 3.1366 | 3.1404 |
| Change (%) | -0.36% | -0.13% | -0.01% | - | +0.23% | +0.43% | +0.55% |
| Change | -0.0112 | -0.0041 | -0.0002 | - | +0.0072 | +0.0133 | +0.0171 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.0863 | 3.0971 | 3.1089 | 3.1197 | 3.1315 | 3.1423 | 3.1541 |
| Camarilla | 3.1145 | 3.1166 | 3.1186 | 3.1207 | 3.1228 | 3.1248 | 3.1269 |
| Woodie | 3.0868 | 3.0974 | 3.1094 | 3.1200 | 3.1320 | 3.1426 | 3.1546 |
| Fibonacci | 3.0971 | 3.1057 | 3.1111 | 3.1197 | 3.1283 | 3.1337 | 3.1423 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.0423 | 3.0692 | 3.0920 | 3.1189 | 3.1417 | 3.1686 | 3.1914 |
| Camarilla | 3.1010 | 3.1056 | 3.1101 | 3.1147 | 3.1193 | 3.1238 | 3.1284 |
| Woodie | 3.0402 | 3.0682 | 3.0899 | 3.1179 | 3.1396 | 3.1676 | 3.1893 |
| Fibonacci | 3.0692 | 3.0882 | 3.1000 | 3.1189 | 3.1379 | 3.1497 | 3.1686 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.8889 | 2.9952 | 3.0647 | 3.1710 | 3.2405 | 3.3468 | 3.4163 |
| Camarilla | 3.0858 | 3.1019 | 3.1180 | 3.1341 | 3.1502 | 3.1663 | 3.1825 |
| Woodie | 2.8704 | 2.9860 | 3.0462 | 3.1618 | 3.2220 | 3.3376 | 3.3978 |
| Fibonacci | 2.9952 | 3.0624 | 3.1039 | 3.1710 | 3.2382 | 3.2797 | 3.3468 |
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): | 57.15 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 1.2726 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 3.1200 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.1100 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 3.1273 | |
| Zig ZAG (10): | 3.1229 | |
| VORTEX (21): | 0.9486 | |
| Stochastique (14,3,5): | 78.47 | |
| TEMA (21): | 3.1193 | |
| Williams %R (14): | -9.94 | |
| Chande Momentum Oscillator (20): | 0.0058 | |
| Repulse (5,40,3): | 0.1717 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0001 | |
| Courbe Coppock: | 0.08 |
| MA7: | 3.1189 | |
| MA20: | 3.1228 | |
| MA50: | 3.1679 | |
| MA100: | 3.1752 | |
| MAexp7: | 3.1202 | |
| MAexp20: | 3.1193 | |
| MAexp50: | 3.1179 | |
| MAexp100: | 3.1170 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -1.41% | |
| Price / MA100: | -1.63% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.20% |
Quotes :
-
Real time data
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Forex