GBP_ZAR Analysis

Last: 24.74482 | Change: -0.04343 | 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: 56.21 (Neutral)
Volume: Rising (Normal)
Volatility: 1.3597 (Normal)
Price Action: Normal
Price Structure: Sideways
Momentum: -0.0724 (Strong)
ATR: 0.3365
NATR: 1.3597
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: 56.2 (Neutral)

Volume: Rising (Normal)

Volatility: 1.3597 (High)

Support & Resistance

Current Price: 24.7448

Resistance Levels

25.4746 Strong (2.95% away)

Support Levels

Trade Setups