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| Price | ▲ 0.08% | ▲ 0.05% | ▲ 0.36% | ▼ 0.18% |
| Energy | ▲ 1.6 | ▲ 5.0 | ▲ 23.7 | ▼ 14.2 |
Trend of Bull Critical GBPNZD 1H
▸When GBPNZD is in Bull Critical:
- then GBPNZD moved to higher Market State: 424 times — 27.1%
- then GBPNZD moved to lower Market State: 1,143 times — 72.9%
▸Current GBPNZD market energy: 63.73%
- Distance to upper bound of Bull Critical (at 74.5%): 10.77%
- Distance to lower bound of Bull Critical (at 60%): 3.73%
"Does history really repeat itself?" — 2AITRADING
With the 1H candle just closed, GBPNZD reflects the near-peak Bull energy level.
Market trend on the 2AiTrading energy system Market Energy dropped -14.2% this candle, currently 63.7% (previous candle 77.9%).
Time in Bull Critical energy zone: 1 1H 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 -74.3 to +77.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPNZD price and energy show when this 1H candle closed?
When the 1H candle at 08:00 on 08-10-2020 closed, GBPNZD was at 1.9687, down 0.18% from the previous candle (1.9723). Market Energy was 63.7%, down 14.2 points from 77.9%, 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 1H candle, and how large is that historically?
GBPNZD closed at 1.9687, down 0.18% from the previous 1H candle (1.9723). This drop is larger than 89% of past drops on the 1H timeframe for GBPNZD, across 11,042 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 14.2 percentage points from the previous candle — from 77.9% to 63.7%. This drop is larger than 67% of past drops on the 1H timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was GBPNZD in on the previous 1H candle?
The previous 1H candle had GBPNZD at 77.9%, Bull Extreme — when this candle closed, GBPNZD moved down to a lower zone: Bull Extreme → Bull Critical.
Where does GBPNZD energy sit within the Bull Critical zone?
At 63.7%, GBPNZD is 10.77 points from the upper boundary of Bull Critical (74.5%) and 3.73 points from the lower boundary (60%) — so energy sits closer to the lower 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 Bull Extreme with energy 75.9%; GER40 (European equities) in Bull Critical with energy 68.6%. Against this backdrop, GBPNZD (Bull Critical, 63.7%) lower than SPX500; sits in the same state zone as 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 -30%. GBPNZD (Bull Critical) and DXY currently sit on opposite sides.
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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