ZAR_JPY Analysis

Last: 7.68000 | Change: -0.01400 | Date: 2025-04-25

Phase: Momentum > Mid Momentum > Steady Trend > Higher Highs Lows Uptrend > Higher Highs/Lows (Uptrend) > Steady Trend: Higher Highs/Lows (Uptrend) 64.7%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 62.17 (Neutral)
Volume: Rising (Normal)
Volatility: 0.3201 (High)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.0120 (Strong)
ATR: 0.0246
NATR: 0.3201
Trend Alignment: No

Phase Analysis

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

Confidence: 64.7%

Stage: Higher Highs/Lows (Uptrend)

Detail: Steady Trend: Higher Highs/Lows (Uptrend)

Description: An established uptrend with rising lows and highs.

Daily Timeframe

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

Confidence: 100.0%

Stage: Support Test Failure

Alignment with Current Phase: Significant Conflict (-60 pts)

Current Category: Continuation

Daily Category: Reversal

H4 Timeframe

Phase: Momentum > Mid Momentum > Continuation Breakouts > Range Break

Confidence: 60.0%

Stage: Range Break

Description: A breakout from a consolidation range.

Alignment with Current Phase: Aligned (+5 pts)

Current Category: Continuation

H4 Category: Continuation

Market Metrics

Trend: Down (Weak)

RSI: 62.2 (Neutral)

Volume: Rising (Normal)

Volatility: 0.3201 (High)

Support & Resistance

Current Price: 7.6800

Resistance Levels

Support Levels

7.5800 Strong (1.30% away)
7.5840 Strong (1.25% away)

Trade Setups