EUR_ZAR Analysis

Last: 21.23336 | Change: -0.01378 | Date: 2025-04-25 | Current Time: 2025-04-23 22:00:27 UTC

Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout > False Breakout > Early Mean Reversion: False Breakout 80.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 40.46 (Neutral)
Volume: Rising (High)
Volatility: 0.1386 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.0170 (Strong)
ATR: 0.0294
NATR: 0.1386
Trend Alignment: No

Phase Analysis

Current Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout

Confidence: 80.0%

Stage: False Breakout

Detail: Early Mean Reversion: False Breakout

Market Metrics

Trend: Down (Weak)

RSI: 40.5 (Neutral)

Volume: Rising (High)

Volatility: 0.1386 (High)

Candlestick Patterns:

Bearish Candle⚠️ High Market Indecision (0.80)

Support & Resistance

Current Price: 21.2334

Resistance Levels

21.2767 Strong (0.20% away)
21.4151 Strong (0.86% away)
21.2392 Strong (0.03% away)

Support Levels

21.2198 Strong (0.06% away)
21.0703 Strong (0.77% away)
21.0896 Strong (0.68% away)

Mean Reversion Signals

Mean Reversion SHORT Signal @ 21.23336

Generated: 2025-04-23 22:00

Confidence: 88.1%

Risk:Reward: 2.98

Entry: 21.23336

Stop Loss: 21.28164

Target: 21.08958

Valid until: 2025-04-26 02:21

Contributing Factors

  • Current phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout
  • Reversal phase detected - favorable for mean reversion
  • Market indecision favorable for mean reversion

Market Phase

Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > False Breakout

Confidence: 80.0%