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| Price | ▼ 0.27% | ▲ 0.58% | ▼ 0.18% | ▲ 0.40% |
| Energy | ▼ 6.9 | ▲ 16.0 | ▲ 0.8 | ▲ 3.2 |
Trend of Bull Critical GBPNZD Daily
▸When GBPNZD is in Bull Critical:
- then GBPNZD moved to higher Market State: 30 times — 27%
- then GBPNZD moved to lower Market State: 81 times — 73%
▸Current GBPNZD market energy: 68.64%
- Distance to upper bound of Bull Critical (at 74.5%): 5.86%
- Distance to lower bound of Bull Critical (at 60%): 8.64%
"A person's history reveals more than you might think" — 2AITRADING
As the Daily candle completes, GBPNZD noted at the Bull Critical zone.
Market energy movement Market Energy at 68.6%, up +3.2% from 65.5% in the previous candle.
Time in Bull Critical energy zone: 1 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 +48.7 to +68.6.
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 18-10-2023 closed, GBPNZD was at 2.0742, up 0.4% from the previous candle (2.0659). Market Energy was 68.6%, up 3.2 points from 65.5%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did GBPNZD price move on this Daily candle, and how large is that historically?
GBPNZD closed at 2.0742, up 0.4% from the previous Daily candle (2.0659). This rise is larger than 66% of past rises on the Daily timeframe for GBPNZD, across 1,498 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy rose 3.2 percentage points from the previous candle — from 65.5% to 68.6%. This rise is larger than 20% of past rises on the Daily timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. 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 65.5%, Bull Critical — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bull Critical zone?
At 68.6%, GBPNZD is 5.86 points from the upper boundary of Bull Critical (74.5%) and 8.64 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Neutral with energy -10.9%; GER40 (European equities) in Bull Bias with energy 23.9%. Against this backdrop, GBPNZD (Bull Critical, 68.6%) 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 Neutral with Market Energy -12.5%. GBPNZD energy is currently above DXY by 81.2 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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