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| Price | ▲ 0.12% | ▼ 0.27% | ▲ 0.12% | ▼ 0.18% |
| Energy | ▲ 8.2 | ▼ 38.2 | ▼ 0.3 | ▼ 7.1 |
Trend of Neutral GBPNZD 1H
▸When GBPNZD is in Neutral:
- then GBPNZD moved to higher Market State: 3,111 times — 50.7%
- then GBPNZD moved to lower Market State: 3,028 times — 49.3%
▸Current GBPNZD market energy: 6.01%
- Distance to upper bound of Neutral (at 20.88%): 14.87%
- Distance to lower bound of Neutral (at -20.88%): 26.89%
"Does history really repeat itself?" — 2AITRADING
Observing the completed 1H candle, GBPNZD recorded in the Bull/Bear balanced state.
Market movement after the 1H candle closes, Market Energy dropped -7.1% from the previous session, from 13.1% to 6%.
Time in Neutral energy zone: 3 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 -45.5 to +91.2.
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 04:00 on 29-07-2021 closed, GBPNZD was at 1.9982, down 0.18% from the previous candle (2.0018). Market Energy was 6%, down 7.1 points from 13.1%, 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 1H candle, and how large is that historically?
GBPNZD closed at 1.9982, down 0.18% from the previous 1H candle (2.0018). This drop is larger than 89% of past drops on the 1H timeframe for GBPNZD, across 16,027 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 7.1 percentage points from the previous candle — from 13.1% to 6%. This drop is larger than 42% of past drops on the 1H timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. This candle recorded price moving down 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 1H candle?
The previous 1H candle had GBPNZD at 13.1%, Neutral — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Neutral zone?
At 6%, GBPNZD is 14.87 points from the upper boundary of Neutral (20.88%) and 26.89 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 Bull Bias with energy 22.2%; GER40 (European equities) in Neutral with energy 8.5%. Against this backdrop, GBPNZD (Neutral, 6%) 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 Extreme with Market Energy -91.4%. GBPNZD energy is currently above DXY by 97.4 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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