ZAR_JPY Analysis

Last: 7.57600 | Change: -0.11300 | Date: 2025-04-23

Phase: Momentum > Transition Phases > Momentum To Mean Reversion > Support Test Failure > Support Test Failure > Transition: Support Test Failure 100.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 35.92 (Neutral)
Volume: Declining (Low)
Volatility: 2.2161 (Normal)
Price Action: Engulfing
Price Structure: Sideways
Momentum: -0.1080 (Strong)
ATR: 0.1679
NATR: 2.2161
Trend Alignment: No

Phase Analysis

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

Confidence: 100.0%

Stage: Support Test Failure

Detail: Transition: Support Test Failure

Market Metrics

Trend: Down (Weak)

RSI: 35.9 (Neutral)

Volume: Declining (Low)

Volatility: 2.2161 (High)

Support & Resistance

Current Price: 7.5760

Resistance Levels

Support Levels

7.2620 Strong (4.14% away)

Trade Setups