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| Price | ▼ 0.85% | ▼ 0.75% | ▼ 0.28% | ▼ 0.19% |
| Energy | ▼ 26.2 | ▼ 26.4 | ▼ 6.5 | ▲ 2.0 |
Trend of Bear Extreme GBPNZD Daily
▸When GBPNZD is in Bear Extreme:
- then GBPNZD moved to higher Market State: 35 times — 100%
- then GBPNZD moved to lower Market State: 0 times — 0%
▸Current GBPNZD market energy: -81.04%
- Distance to upper bound of Bear Extreme (at -74.5%): 6.54%
- Distance to bottom -100%: 18.96%
"Does history really repeat itself?" — 2AITRADING
GBPNZD processing result: Bear in Extreme state after the Daily candle closed.
On the energy side, Market Energy at -81%, up +2% from -83% in the previous candle.
Time in Bear Extreme energy zone: 3 Daily 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, GBPNZD Market Energy ranged from -83 to -22.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPNZD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 05-06-2020 closed, GBPNZD was at 1.9469, down 0.19% from the previous candle (1.9506). Market Energy was -81%, up 2.0 points from -83%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did GBPNZD price move on this Daily candle, and how large is that historically?
GBPNZD closed at 1.9469, down 0.19% from the previous Daily candle (1.9506). This drop is larger than 36% of past drops on the Daily timeframe for GBPNZD, across 448 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy rose 2 percentage points from the previous candle — from -83% to -81%. This rise is larger than 12% of past rises on the Daily timeframe for GBPNZD.
Do GBPNZD price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.
What state was GBPNZD in on the previous Daily candle?
The previous Daily candle had GBPNZD at -83%, Bear Extreme — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bear Extreme zone?
At -81%, GBPNZD is 6.54 points from the upper boundary of Bear Extreme (-74.5%) and 18.96 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Bias with energy 26.6%; GER40 (European equities) in Neutral with energy -15.6%. Against this backdrop, GBPNZD (Bear Extreme, -81%) 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 Bear Bias with Market Energy -58.6%. GBPNZD (Bear Extreme) and DXY currently sit on the same Bear side.
See the real-time energy chart for GBPNZD.
Open Energy ChartSee the full 2AiTrading Model data for GBPNZD on the GBPNZD overview →
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