Analysis

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Candle close
Price and energy
EURNZD from 1.7558 to 1.7537, down 0.12%
Market Energy Bear Bias -56.8% to Bear Critical -72.0%, down 15.2 pts
Down candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.09%▼ 0.00%▼ 0.19%▼ 0.12%
Energy▼ 4.9▼ 0.2▼ 18.4▼ 15.2
Volatility trend chart · last 4 sessions
▼ 0.09%▼ 0.00%▼ 0.19%▼ 0.12%▼ 4.9▼ 0.2▼ 18.4▼ 15.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.12% — higher than 82% of past drops
0%255075100%
Energy down 15.2 pts — higher than 68% of past drops
RESEARCH

Trend of Bear Critical EURNZD 1H

Sample: 58,082 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Critical occurrences: 1,666 times

▸When EURNZD is in Bear Critical:

  • then EURNZD moved to higher Market State: 1,243 times — 74.6%
  • then EURNZD moved to lower Market State: 423 times — 25.4%

▸Current EURNZD market energy: -72.02%

  • Distance to upper bound of Bear Critical (at -60%): 12.02%
  • Distance to lower bound of Bear Critical (at -74.5%): 2.48%

"To truly understand anything, study its history" — 2AITRADING

EURNZD · H1 · 2024-09-30 01:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-56.8%
Bear Bias
-72.0%
Bear Critical
-67.7%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Right as the 1H candle closes, EURNZD within Bear Critical.

On the 2AiTrading energy system, Compared to the previous candle (-56.8%), Market Energy dropped -15.2% to -72%.

Time in Bear 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 -87.6 to +72.6.

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 08:00 on 30-09-2024 closed, EURNZD was at 1.7537, down 0.12% from the previous candle (1.7558). Market Energy was -72%, down 15.2 points from -56.8%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

EURNZD closed at 1.7537, down 0.12% from the previous 1H candle (1.7558). This drop is larger than 82% of past drops on the 1H timeframe for EURNZD, across 35,795 candles since 2019.

How did EURNZD Market Energy change from the previous candle?

Market Energy fell 15.2 percentage points from the previous candle — from -56.8% to -72%. This drop is larger than 68% of past drops on the 1H timeframe for EURNZD.

Do EURNZD price and energy agree?

Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had EURNZD at -56.8%, Bear Bias — when this candle closed, EURNZD moved down to a lower zone: Bear Bias → Bear Critical.

Where does EURNZD energy sit within the Bear Critical zone?

At -72%, EURNZD is 12.02 points from the upper boundary of Bear Critical (-60%) and 2.48 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear 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 Bear 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 Bias with energy -44.9%; GER40 (European equities) in Neutral with energy 20.7%. Against this backdrop, EURNZD (Bear Critical, -72%) lower 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 -0.7%. EURNZD energy is currently below DXY by 71.3 points.

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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