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| Price | ▼ 0.57% | ▼ 0.65% | ▼ 0.09% | ▼ 1.09% |
| Energy | ▼ 15.5 | ▼ 31.9 | ▼ 6.6 | ▼ 20.0 |
Trend of Bear Bias EURNZD Weekly
▸When EURNZD is in Bear Bias:
- then EURNZD moved to higher Market State: 41 times — 83.7%
- then EURNZD moved to lower Market State: 8 times — 16.3%
▸Current EURNZD market energy: -55.4%
- Distance to upper bound of Bear Bias (at -20.88%): 34.52%
- Distance to lower bound of Bear Bias (at -60%): 4.6%
"Does history really repeat itself?" — 2AITRADING
Reading from the Weekly candle, EURNZD currently in the Bear Bias state.
Looking at the energy level, Market Energy at -55.4%, down -20% from -35.4% in the previous candle.
Time in Bear Bias energy zone: 3 Weekly 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 -55.4 to -35.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURNZD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 24-05-2018 closed, EURNZD was at 1.6707, down 1.09% from the previous candle (1.6891). Market Energy was -55.4%, down 20.0 points from -35.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURNZD price move on this Weekly candle, and how large is that historically?
EURNZD closed at 1.6707, down 1.09% from the previous Weekly candle (1.6891).
How did EURNZD Market Energy change from the previous candle?
Market Energy fell 20 percentage points from the previous candle — from -35.4% to -55.4%.
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 Weekly candle?
The previous Weekly candle had EURNZD at -35.4%, Bear Bias — this candle kept the same state, no zone change.
Where does EURNZD energy sit within the Bear Bias zone?
At -55.4%, EURNZD is 34.52 points from the upper boundary of Bear Bias (-20.88%) and 4.6 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear Bias 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 Bias 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 Bull Extreme with energy 78.5%; GER40 (European equities) in Bull Critical with energy 70.6%. Against this backdrop, EURNZD (Bear Bias, -55.4%) 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 Bull Critical with Market Energy 64.4%. EURNZD (Bear Bias) and DXY currently sit on opposite sides.
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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