ZAR_JPY Analysis

Last: 7.68000 | Change: -0.00700 | 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 60.0%

Market State

Market State

Trend: Downtrend (Strong)
RSI: 52.45 (Neutral)
Volume: Rising (High)
Volatility: 0.1403 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.0080 (Strong)
ATR: 0.0108
NATR: 0.1403
Trend Alignment: Yes

Phase Analysis

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

Confidence: 60.0%

Stage: False Breakout

Detail: Early Mean Reversion: False Breakout

Market Metrics

Trend: Down (Strong)

RSI: 52.4 (Neutral)

Volume: Rising (High)

Volatility: 0.1403 (High)

Candlestick Patterns:

Bearish CandleSignificant Candle

Support & Resistance

Current Price: 7.6800

Resistance Levels

7.6980 Strong (0.23% away)
7.6860 Strong (0.08% away)

Support Levels

7.5720 Strong (1.41% away)
7.5840 Strong (1.25% away)
7.6710 Strong (0.12% away)

Mean Reversion Signals

Mean Reversion SHORT Signal @ 7.68000

Generated: 2025-04-23 22:00

Confidence: 92.4%

Risk:Reward: 4.49

Entry: 7.68000

Stop Loss: 7.70137

Target: 7.58400

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: 60.0%