ZAR/JPY Up 7 Pips Over Past 4 Hours, Entered Today Up For the 3rd Day In A Row; in a Downtrend Over Past 14 Days

ZAR/JPY 4 Hour Price Update

Updated April 07, 2020 05:09 PM GMT (01:09 PM EST)

ZAR/JPY is up 7 pips (1.22%) since the last 4 hour candle (opening the current 4 hour candle near 5.8719), marking the 3rd candle in a row an increase has occurred. ZAR/JPY outperformed all 40 assets in the Forex asset class the last 4 hour candle. Congrats to its holders!

ZAR/JPY End of Day Recap

Updated 00:30 GMT (04:30 EST)

ZAR/JPY is up 2 pips (0.37%) since the previous day (opening today near 5.85290412501), marking the 3rd day in a row it has gone up. Relative to other instruments in the Forex asset class, ZAR/JPY ranked 4th the previous day in terms of percentage price change. Let’s take a look at price chart of ZAR/JPY.

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 15 out of the past 30 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.