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| Price | ▲ 0.37% | ▲ 0.68% | ▲ 0.33% | ▼ 0.10% |
| Energy | ▲ 7.2 | ▲ 10.0 | ▲ 5.1 | ▼ 0.9 |
Trend of Bull Extreme EURNZD Daily
▸When EURNZD is in Bull Extreme:
- then EURNZD moved to higher Market State: 0 times — 0%
- then EURNZD moved to lower Market State: 41 times — 100%
▸Current EURNZD market energy: 92.17%
- Distance to peak 100%: 7.83%
- Distance to lower bound of Bull Extreme (at 74.5%): 17.67%
"Why does archaeology matter?" — 2AITRADING
Following the completion of the Daily candle, EURNZD reflects Bull in Extreme state.
Looking at the Market Energy reading, Compared to the previous candle (93%), Market Energy dropped -0.9% to 92.2%.
Time in Bull Extreme energy zone: 4 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, EURNZD Market Energy ranged from +70.7 to +93.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURNZD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 22-10-2023 closed, EURNZD was at 1.8168, down 0.1% from the previous candle (1.8185). Market Energy was 92.2%, down 0.9 points from 93%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did EURNZD price move on this Daily candle, and how large is that historically?
EURNZD closed at 1.8168, down 0.1% from the previous Daily candle (1.8185). This drop is larger than 22% of past drops on the Daily timeframe for EURNZD, across 1,501 candles since 2019.
How did EURNZD Market Energy change from the previous candle?
Market Energy fell 0.9 percentage points from the previous candle — from 93% to 92.2%. This drop is larger than 3% of past drops on the Daily timeframe for EURNZD.
Do EURNZD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was EURNZD in on the previous Daily candle?
The previous Daily candle had EURNZD at 93%, Bull Extreme — this candle kept the same state, no zone change.
Where does EURNZD energy sit within the Bull Extreme zone?
At 92.2%, EURNZD is 7.83 points from the upper boundary of Bull Extreme (100%) and 17.67 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bull Extreme mean?
Bull Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Extreme definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Extreme with energy -90.9%; GER40 (European equities) in Bear Extreme with energy -79.7%. Against this backdrop, EURNZD (Bull Extreme, 92.2%) has higher energy than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Neutral with Market Energy -12.3%. EURNZD energy is currently above DXY by 104.5 points.
See the real-time energy chart for EURNZD.
Open Energy ChartSee the full 2AiTrading Model data for EURNZD on the EURNZD overview →
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