EUR_ZAR Analysis

Last: 21.43810 | Change: 0.31970 | Date: 2025-04-23

Phase: Mid Trend > Uptrend Consolidation > Bullish Flag > Bullish Flag > Mid-Trend: Bullish Flag Formation 80.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 65.56 (Neutral)
Volume: Declining (Normal)
Volatility: 1.9906 (Normal)
Price Action: Engulfing
Price Structure: Sideways
Momentum: 0.3087 (Strong)
ATR: 0.4268
NATR: 1.9906
Trend Alignment: No

Phase Analysis

Current Phase: Mid Trend > Uptrend Consolidation > Bullish Flag

Confidence: 80.0%

Stage: Bullish Flag

Detail: Mid-Trend: Bullish Flag Formation

Market Metrics

Trend: Down (Weak)

RSI: 65.6 (Neutral)

Volume: Declining (Normal)

Volatility: 1.9906 (High)

Support & Resistance

Current Price: 21.4381

Resistance Levels

22.1510 Strong (3.33% away)

Support Levels

Trade Setups