ZAR_JPY Analysis

Last: 7.62100 | Change: -0.02300 | Date: 2025-04-24

Phase: Momentum > Transition Phases > Momentum To Mean Reversion > Support Test Failure > Support Test Failure > Transition: Support Test Failure 100.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 35.37 (Neutral)
Volume: Rising (Normal)
Volatility: 0.3352 (High)
Price Action: Normal
Price Structure: Sideways
Momentum: -0.0250 (Strong)
ATR: 0.0255
NATR: 0.3352
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Transition Phases > Momentum To Mean Reversion > Support Test Failure

Confidence: 100.0%

Stage: Support Test Failure

Detail: Transition: Support Test Failure

Daily Timeframe

Phase: Mean Reversion > Early Mean Reversion > Distribution To Range > Controlled Selling

Confidence: 60.0%

Stage: Controlled Selling

Alignment with Current Phase: Aligned (+8 pts)

Current Category: Reversal

Daily Category: Reversal

H4 Timeframe

Phase: Momentum > Mid Momentum > Steady Trend > Higher Highs Lows Uptrend

Confidence: 64.7%

Stage: Higher Highs/Lows (Uptrend)

Description: An established uptrend with rising lows and highs.

Alignment with Current Phase: Significant Conflict (-50 pts)

Current Category: Reversal

H4 Category: Continuation

Market Metrics

Trend: Down (Weak)

RSI: 35.4 (Neutral)

Volume: Rising (Normal)

Volatility: 0.3352 (High)

Support & Resistance

Current Price: 7.6210

Resistance Levels

7.7000 Strong (1.04% away)
7.6680 Strong (0.62% away)

Support Levels

7.6020 Strong (0.25% away)

Trade Setups