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| Price | ▲ 0.20% | ▲ 0.18% | ▼ 0.03% | ▼ 0.11% |
| Energy | ▲ 37.1 | ▲ 28.7 | ▼ 1.3 | ▼ 20.4 |
Trend of Bull Bias GBPNZD 1H
▸When GBPNZD is in Bull Bias:
- then GBPNZD moved to higher Market State: 1,224 times — 27.5%
- then GBPNZD moved to lower Market State: 3,230 times — 72.5%
▸Current GBPNZD market energy: 58.24%
- Distance to upper bound of Bull Bias (at 60%): 1.76%
- Distance to lower bound of Bull Bias (at 20.88%): 37.36%
"History always repeats itself, one way or another" — 2AITRADING
Following the completion of the 1H candle, GBPNZD in the energy zone leaning Bull.
End-of-session energy readings on 1H, Market Energy dropped -20.4% this candle, currently 58.2% (previous candle 78.7%).
Time in Bull 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 -90.2 to +94.9.
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 17:00 on 21-07-2023 closed, GBPNZD was at 2.074, down 0.11% from the previous candle (2.0762). Market Energy was 58.2%, down 20.4 points from 78.7%, 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 1H candle, and how large is that historically?
GBPNZD closed at 2.074, down 0.11% from the previous 1H candle (2.0762). This drop is larger than 75% of past drops on the 1H timeframe for GBPNZD, across 28,389 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 20.4 percentage points from the previous candle — from 78.7% to 58.2%. This drop is larger than 79% of past drops on the 1H timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 78.7%, Bull Extreme — when this candle closed, GBPNZD moved down to a lower zone: Bull Extreme → Bull Bias.
Where does GBPNZD energy sit within the Bull Bias zone?
At 58.2%, GBPNZD is 1.76 points from the upper boundary of Bull Bias (60%) and 37.36 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bull Critical with energy 72.3%; GER40 (European equities) in Neutral with energy 3.6%. Against this backdrop, GBPNZD (Bull Bias, 58.2%) has higher energy than GER40; lower than SPX500.
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 Bull Extreme with Market Energy 88.6%. GBPNZD (Bull Bias) and DXY currently sit on the same Bull side.
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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