USD_ZAR Analysis

Last: 18.66915 | Change: 0.02830 | Date: 2025-04-24

Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust > Alternative Thrust > Initial Thrust: Alternative Thrust 60.0%

View Price & Volume Chart

Market State

Trend: Downtrend (Weak)

RSI: 47.73 (Neutral)

Volume: Rising (Low)

Volatility: 0.4359 (Normal)

Price Action: Normal

Price Structure: Lower Highs & Lows

Momentum: 0.0284 (Strong)

ATR: 0.0814

NATR: 0.4359

Trend Alignment: No

Current Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust

Confidence: 60.0%

Stage: Alternative Thrust

Detail: Initial Thrust: Alternative Thrust

Description: This branch captures bullish short-term moves with high RSI and lower volume ratio, even when long-term trend is weak.

Trend: Down (Weak)

RSI: 47.7 (Neutral)

Volume: Rising (Low)

Volatility: 0.4359 (High)

Current Price: 18.6691

18.8975 Strong (1.22% away)

19.1012 Strong (2.31% away)

18.4949 Strong (0.93% away)