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| Price | ▲ 0.41% | ▲ 2.04% | ▼ 0.00% | ▲ 1.02% |
| Energy | ▲ 16.1 | ▲ 33.8 | ▲ 18.4 | ▲ 17.8 |
Trend of Bull Bias EURNZD Weekly
▸When EURNZD is in Bull Bias:
- then EURNZD moved to higher Market State: 14 times — 23%
- then EURNZD moved to lower Market State: 47 times — 77%
▸Current EURNZD market energy: 34.8%
- Distance to upper bound of Bull Bias (at 60%): 25.2%
- Distance to lower bound of Bull Bias (at 20.88%): 13.92%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly data updates, EURNZD classified as the Bull Bias energy zone.
Looking at the Market Energy reading, Market Energy moved from 17% to 34.8%, up +17.8% from the previous candle.
Time in Bull Bias energy zone: 1 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 02-05-2022 closed, EURNZD was at 1.6489, up 1.02% from the previous candle (1.6323). Market Energy was 34.8%, up 17.8 points from 17%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURNZD price move on this Weekly candle, and how large is that historically?
EURNZD closed at 1.6489, up 1.02% from the previous Weekly candle (1.6323). This rise is larger than 71% of past rises on the Weekly timeframe for EURNZD, across 209 candles since 2019.
How did EURNZD Market Energy change from the previous candle?
Market Energy rose 17.8 percentage points from the previous candle — from 17% to 34.8%. This rise is larger than 77% of past rises on the Weekly timeframe for EURNZD.
Do EURNZD price and energy agree?
Yes. Both price and energy moved up 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 17%, Neutral — when this candle closed, EURNZD moved up to a higher zone: Neutral → Bull Bias.
Where does EURNZD energy sit within the Bull Bias zone?
At 34.8%, EURNZD is 25.2 points from the upper boundary of Bull Bias (60%) and 13.92 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bear Extreme with energy -76.6%; GER40 (European equities) in Bear Extreme with energy -86.5%. Against this backdrop, EURNZD (Bull Bias, 34.8%) 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 52.1%. EURNZD (Bull Bias) and DXY currently sit on the same Bull side.
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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