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| Price | ▲ 0.41% | ▼ 0.52% | ▲ 1.40% | ▼ 3.15% |
| Energy | ▼ 4.7 | ▼ 4.1 | ▲ 7.2 | ▼ 14.5 |
Trend of Neutral EURNZD Weekly
▸When EURNZD is in Neutral:
- then EURNZD moved to higher Market State: 49 times — 55.1%
- then EURNZD moved to lower Market State: 40 times — 44.9%
▸Current EURNZD market energy: -0.1%
- Distance to upper bound of Neutral (at 20.88%): 20.98%
- Distance to lower bound of Neutral (at -20.88%): 20.78%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly candle closes, EURNZD noted at the Neutral energy zone.
Market energy measurement Market Energy dropped -14.5% from the previous session, from 14.4% to -0.1%.
Time in Neutral energy zone: 5 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.
Not enough data in the past 5 days to show a range.
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 04-05-2020 closed, EURNZD was at 1.7648, down 3.15% from the previous candle (1.8221). Market Energy was -0.1%, down 14.5 points from 14.4%, 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 Weekly candle, and how large is that historically?
EURNZD closed at 1.7648, down 3.15% from the previous Weekly candle (1.8221). This drop is larger than 99% of past drops on the Weekly timeframe for EURNZD, across 105 candles since 2019.
How did EURNZD Market Energy change from the previous candle?
Market Energy fell 14.5 percentage points from the previous candle — from 14.4% to -0.1%. This drop is larger than 77% of past drops on the Weekly timeframe for EURNZD.
Do EURNZD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was EURNZD in on the previous Weekly candle?
The previous Weekly candle had EURNZD at 14.4%, Neutral — this candle kept the same state, no zone change.
Where does EURNZD energy sit within the Neutral zone?
At -0.1%, EURNZD is 20.98 points from the upper boundary of Neutral (20.88%) and 20.78 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 -95.6%; GER40 (European equities) in Bear Extreme with energy -97%. Against this backdrop, EURNZD (Neutral, -0.1%) 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 Critical with Market Energy 63.9%. EURNZD energy is currently below DXY by 64 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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