Relative to other instruments in the forex asset class, usd/zar ranked 35th yesterday in terms of percentage price change.
Volatility for usd/nok has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
This imputes a buy/sell ratio of 0.58, which is bearish.
This imputes a buy/sell ratio of 0, which is quite bearish.
Alternatively, regarding pairs with the lowest correlation to gbp/aud?
The clearest trend exists on the 30 day timeframe, which shows price moving down over that time.
It should be noted, though, the 200 day simple moving average turned downwards, which may be a bearish sign.
The closest is the 200 day average, which is 22.4 pips away.
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.
This move happened on fewer tick price changes which may be a proxy for volume, as yesterday’s total tick count was down 15.05% from the day before — and down 4.74% from the same day the week before.