ZAR/JPY Fares the Worst Out of Forex; Moves Down For the 4th Day In A Row
The closest is the 20 day average, which is 24.8 pips away.
ZARJPY
(Last Updated April 3, 2020)
Hello! This is the news page for ZARJPY. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of ZARJPY:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bearish
How the Current ZARJPY Rate Fares Relative to the Past Year?
The exchange rate for ZARJPY closed yesterday at 5.842613977488. That means that relative to the past year, the rate of ZARJPY is now closer to its 52 week low (5.735148315871) than its 52 week high (currently at 7.843294424127).To dig deeper and get the latest news on ZARJPY, try the links below. You can also visit the MarketWatch or Investing.com pages on ZARJPY for more news as well.
ZAR/JPY Heads Down For the 3rd Day In A Row, in a Downtrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
The closest is the 20 day average, which is 13.1 pips away.
ZAR/JPY Makes Big Move Relative to Two Week Trend; Moves Down For the 2nd Day In A Row
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
ZAR/JPY Underperforms All Forex, Makes Big Move Relative to Two Week Trend; Down 11 Pips
It should be noted, though, the 50 day simple moving average turned downwards, which may be a bearish sign.
ZAR/JPY Makes Big Move Relative to Two Week Trend, Up 2 Pips; Pin Bar Pattern Appearing on Chart
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
ZAR/JPY Makes Big Move Relative to Two Week Trend, Up 9 Pips; Crosses 20 and 200 Day Moving Averages
The closest is the 100 day average, which is 1.3 pips away.
ZAR/JPY 3 Day Up Streak Snapped; Pin Bar Pattern Appearing on Chart
Or to simplify this another way, note that out of the past 10 days zar/jpy’s price has gone up 5 them.
ZAR/JPY Down 3 Pips; Price Base in Formation Over Past 14 and 90 Days
The closest is the 200 day average, which is 7.4 pips away.
ZAR/JPY Up 1 Pips, in a Downtrend Over Past 30 Days; Price Base in Formation Over Past 90 Days
This move happened on fewer tick price changes which may be a proxy for volume, as yesterday’s total tick count was down 20.98% from the day before — and down 23.65% from the same day the week before.
ZAR/JPY 2 Day Down Streak Ended, Crosses 200 Day Moving Average; in a Downtrend Over Past 30 Days
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.