Analysis

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Candle close
Price and energy
EURNZD from 1.7812 to 1.7799, down 0.07%
Market Energy Bull Critical 70.4% to Bull Critical 72.7%, up 2.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.03%▲ 0.07%▲ 0.27%▼ 0.07%
Energy▼ 4.0▲ 10.2▲ 42.6▲ 2.3
Volatility trend chart · last 4 sessions
▼ 0.03%▲ 0.07%▲ 0.27%▼ 0.07%▼ 4.0▲ 10.2▲ 42.6▲ 2.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.07% — higher than 59% of past drops
0%255075100%
Energy up 2.3 pts — higher than 15% of past rises
RESEARCH

Trend of Bull Critical EURNZD 1H

Sample: 58,059 1H candles from 2017-05-01 to 2026-10-07
Number of Bull Critical occurrences: 1,658 times

▸When EURNZD is in Bull Critical:

  • then EURNZD moved to higher Market State: 448 times — 27%
  • then EURNZD moved to lower Market State: 1,210 times — 73%

▸Current EURNZD market energy: 72.66%

  • Distance to upper bound of Bull Critical (at 74.5%): 1.84%
  • Distance to lower bound of Bull Critical (at 60%): 12.66%

"Let data guide you, but never trust it completely" — 2AITRADING

EURNZD · H1 · 2023-05-31 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
70.4%
Bull Critical
72.7%
Bull Critical
69.1%
Bull Critical
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Bull trend energy near extreme is the result just recorded for EURNZD after the 1H candle closed.

At the 1H session close, Market Energy rose +2.3% this candle, currently 72.7% (previous candle 70.4%).

Time in Bull Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, EURNZD Market Energy ranged from -48.9 to +72.7.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did EURNZD price and energy show when this 1H candle closed?

When the 1H candle at 09:00 on 31-05-2023 closed, EURNZD was at 1.7799, down 0.07% from the previous candle (1.7812). Market Energy was 72.7%, up 2.3 points from 70.4%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did EURNZD price move on this 1H candle, and how large is that historically?

EURNZD closed at 1.7799, down 0.07% from the previous 1H candle (1.7812). This drop is larger than 59% of past drops on the 1H timeframe for EURNZD, across 27,497 candles since 2019.

How did EURNZD Market Energy change from the previous candle?

Market Energy rose 2.3 percentage points from the previous candle — from 70.4% to 72.7%. This rise is larger than 15% of past rises on the 1H timeframe for EURNZD.

Do EURNZD price and energy agree?

No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.

What state was EURNZD in on the previous 1H candle?

The previous 1H candle had EURNZD at 70.4%, Bull Critical — this candle kept the same state, no zone change.

Where does EURNZD energy sit within the Bull Critical zone?

At 72.7%, EURNZD is 1.84 points from the upper boundary of Bull Critical (74.5%) and 12.66 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.

What does Bull Critical mean?

Bull Critical 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 Critical 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 Critical with energy -69.5%; GER40 (European equities) in Bear Extreme with energy -78.5%. Against this backdrop, EURNZD (Bull Critical, 72.7%) 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 Bull Extreme with Market Energy 92.6%. EURNZD (Bull Critical) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for EURNZD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for EURNZD on the EURNZD overview →

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