CHF_ZAR Analysis

Last: 22.47381 | Change: -0.24799 | Date: 2025-04-22

Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking > Profit Taking > First Pullback/Retest: Profit Taking 60.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 54.87 (Neutral)
Volume: Rising (Normal)
Volatility: 1.8983 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.2469 (Strong)
ATR: 0.4266
NATR: 1.8983
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking

Confidence: 60.0%

Stage: Profit Taking

Detail: First Pullback/Retest: Profit Taking

Description: A minor pullback due to profit taking.

Market Metrics

Trend: Down (Weak)

RSI: 54.9 (Neutral)

Volume: Rising (Normal)

Volatility: 1.8983 (High)

Support & Resistance

Current Price: 22.4738

Resistance Levels

23.8687 Strong (6.21% away)

Support Levels

20.5304 Strong (8.65% away)

Trade Setups