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| Price | ▼ 0.38% | ▼ 0.00% | ▲ 0.40% | ▼ 0.28% |
| Energy | ▼ 21.7 | ▼ 3.7 | ▲ 18.5 | ▼ 1.3 |
Trend of Neutral GBPNZD Daily
▸When GBPNZD is in Neutral:
- then GBPNZD moved to higher Market State: 254 times — 53.9%
- then GBPNZD moved to lower Market State: 217 times — 46.1%
▸Current GBPNZD market energy: 11.48%
- Distance to upper bound of Neutral (at 20.88%): 9.4%
- Distance to lower bound of Neutral (at -20.88%): 32.36%
"History always repeats itself, one way or another" — 2AITRADING
From the just-closed Daily candle data, GBPNZD shows the balanced Market Energy zone.
Looking at the Market Energy reading, The energy level dropped -1.3%: from 12.7% now at 11.5%.
Time in Neutral energy zone: 5 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 -5.7 to +19.7.
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 10-01-2023 closed, GBPNZD was at 1.9077, down 0.28% from the previous candle (1.9131). Market Energy was 11.5%, down 1.3 points from 12.7%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did GBPNZD price move on this Daily candle, and how large is that historically?
GBPNZD closed at 1.9077, down 0.28% from the previous Daily candle (1.9131). This drop is larger than 53% of past drops on the Daily timeframe for GBPNZD, across 1,258 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 1.3 percentage points from the previous candle — from 12.7% to 11.5%. This drop is larger than 7% of past drops on the Daily timeframe for GBPNZD.
Do GBPNZD 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 GBPNZD in on the previous Daily candle?
The previous Daily candle had GBPNZD at 12.7%, Neutral — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Neutral zone?
At 11.5%, GBPNZD is 9.4 points from the upper boundary of Neutral (20.88%) and 32.36 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 -90.3%; GER40 (European equities) in Bear Bias with energy -44.3%. Against this backdrop, GBPNZD (Neutral, 11.5%) 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 Bear Bias with Market Energy -28.1%. GBPNZD energy is currently above DXY by 39.6 points.
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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