ZAR/JPY Down 8 Pips On 4 Hour Chart, in a Downtrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart

ZAR/JPY 4 Hour Price Update

Updated April 02, 2020 05:13 AM GMT (01:13 AM EST)

The back and forth price flow continues for ZAR/JPY, which started the current 4 hour candle off at 5.898, down 8 pips 1.37% from the last 4 hour candle. It may be worth observing that ZAR/JPY was the worst performer of the 40 members in the Forex asset class over the past four-hour candle.

ZAR/JPY End of Day Recap

Updated 00:30 GMT (04:30 EST)

ZAR/JPY entered today at 5.871855526716, up 1 pips (0.12%) from yesterday. Compared to its peers in the Forex, ZAR/JPY gave its buyers a return that ranked 16th in terms of percentage change since yesterday. The price chart of ZAR/JPY below illustrates.

ZAR/JPY Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 7 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.