·
| Price | ▲ 0.50% | ▲ 0.24% | ▼ 0.37% | ▲ 0.47% |
| Energy | ▲ 48.9 | ▲ 34.1 | ▼ 22.9 | ▲ 15.8 |
Trend of Bull Bias GBPNZD Daily
▸When GBPNZD is in Bull Bias:
- then GBPNZD moved to higher Market State: 92 times — 26.4%
- then GBPNZD moved to lower Market State: 257 times — 73.6%
▸Current GBPNZD market energy: 24.19%
- Distance to upper bound of Bull Bias (at 60%): 35.81%
- Distance to lower bound of Bull Bias (at 20.88%): 3.31%
"To truly understand anything, study its history" — 2AITRADING
As the Daily candle completes, GBPNZD reflects the Bull Bias level.
On the 2AiTrading energy system, Compared to the previous candle (8.4%), Market Energy rose +15.8% to 24.2%.
Time in Bull Bias 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 -69.6 to +31.4.
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 06-09-2024 closed, GBPNZD was at 2.1269, up 0.47% from the previous candle (2.117). Market Energy was 24.2%, up 15.8 points from 8.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GBPNZD price move on this Daily candle, and how large is that historically?
GBPNZD closed at 2.1269, up 0.47% from the previous Daily candle (2.117). This rise is larger than 75% of past rises on the Daily timeframe for GBPNZD, across 1,774 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy rose 15.8 percentage points from the previous candle — from 8.4% to 24.2%. This rise is larger than 66% of past rises on the Daily timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same 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 8.4%, Neutral — when this candle closed, GBPNZD moved up to a higher zone: Neutral → Bull Bias.
Where does GBPNZD energy sit within the Bull Bias zone?
At 24.2%, GBPNZD is 35.81 points from the upper boundary of Bull Bias (60%) and 3.31 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 Critical with energy -63.4%; GER40 (European equities) in Bear Bias with energy -54%. Against this backdrop, GBPNZD (Bull Bias, 24.2%) 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 8.4%. GBPNZD energy is currently above DXY by 15.8 points.
See the real-time energy chart for GBPNZD.
Open Energy ChartSee the full 2AiTrading Model data for GBPNZD on the GBPNZD overview →
To jump to a symbol you're interested in, click .