·
| Price | ▲ 0.05% | ▼ 0.02% | ▼ 0.02% | ▼ 0.03% |
| Energy | ▲ 6.8 | ▲ 0.2 | ▼ 3.0 | ▼ 5.7 |
Trend of Neutral EURNZD 1H
▸When EURNZD is in Neutral:
- then EURNZD moved to higher Market State: 3,059 times — 49%
- then EURNZD moved to lower Market State: 3,185 times — 51%
▸Current EURNZD market energy: 4.46%
- Distance to upper bound of Neutral (at 20.88%): 16.42%
- Distance to lower bound of Neutral (at -20.88%): 25.34%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, Market EURNZD in the neutral energy zone.
Meanwhile, Market Energy dropped -5.7% this candle, currently 4.5% (previous candle 10.1%).
Time in Neutral energy zone: 7 1H 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 -64.9 to +65.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURNZD price and energy show when this 1H candle closed?
When the 1H candle at 03:00 on 16-10-2024 closed, EURNZD was at 1.7904, down 0.03% from the previous candle (1.7909). Market Energy was 4.5%, down 5.7 points from 10.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did EURNZD price move on this 1H candle, and how large is that historically?
EURNZD closed at 1.7904, down 0.03% from the previous 1H candle (1.7909). This drop is larger than 31% of past drops on the 1H timeframe for EURNZD, across 36,078 candles since 2019.
How did EURNZD Market Energy change from the previous candle?
Market Energy fell 5.7 percentage points from the previous candle — from 10.1% to 4.5%. This drop is larger than 35% of past drops on the 1H timeframe for EURNZD.
Do EURNZD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 10.1%, Neutral — this candle kept the same state, no zone change.
Where does EURNZD energy sit within the Neutral zone?
At 4.5%, EURNZD is 16.42 points from the upper boundary of Neutral (20.88%) and 25.34 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 -82%; GER40 (European equities) in Bear Bias with energy -51.7%. Against this backdrop, EURNZD (Neutral, 4.5%) 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 Bias with Market Energy 48.2%. EURNZD energy is currently below DXY by 43.8 points.
See the real-time energy chart for EURNZD.
Open Energy ChartSee the full 2AiTrading Model data for EURNZD on the EURNZD overview →
To jump to a symbol you're interested in, click .