·
Trend of Bear Bias GBPNZD 1H
▸When GBPNZD is in Bear Bias:
- then GBPNZD moved to higher Market State: 3,134 times — 71.8%
- then GBPNZD moved to lower Market State: 1,228 times — 28.2%
▸Current GBPNZD market energy: -40.29%
- Distance to upper bound of Bear Bias (at -20.88%): 19.41%
- Distance to lower bound of Bear Bias (at -60%): 19.71%
"Does history really repeat itself?" — 2AITRADING
Right as the 1H candle closes, GBPNZD in energy leaning Bear.
Looking at the energy level, Market Energy dropped -43.9% this candle, currently -40.3% (previous candle 3.6%).
Time in Bear Bias 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 -57.3 to +69.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was GBPNZD on 1H when this candle closed?
When the 1H candle at 09:00 on 23-12-2022 closed, GBPNZD was in Bear Bias with Market Energy -40.3%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 43.9 percentage points from the previous candle — from 3.6% to -40.3%.
What state was GBPNZD in on the previous 1H candle?
The previous 1H candle had GBPNZD at 3.6%, Neutral — when this candle closed, GBPNZD moved down to a lower zone: Neutral → Bear Bias.
Where does GBPNZD energy sit within the Bear Bias zone?
At -40.3%, GBPNZD is 19.41 points from the upper boundary of Bear Bias (-20.88%) and 19.71 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bull Critical with energy 69.9%; GER40 (European equities) in Bull Extreme with energy 80.7%. Against this backdrop, GBPNZD (Bear Bias, -40.3%) lower 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 -18.2%. GBPNZD energy is currently below DXY by 22.1 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 .