Analysis

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Candle close
Price and energy
GBPNZD from 2.0824 to 2.0802, down 0.11%
Market Energy Bull Critical 60.8% to Neutral 16.8%, down 44.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%▼ 0.00%▲ 0.05%▼ 0.11%
Energy▼ 5.6▼ 7.2▼ 7.9▼ 44.0
Volatility trend chart · last 4 sessions
▲ 0.01%▼ 0.00%▲ 0.05%▼ 0.11%▼ 5.6▼ 7.2▼ 7.9▼ 44.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.11% — higher than 75% of past drops
0%255075100%
Energy down 44.0 pts — higher than 96% of past drops
RESEARCH

Trend of Neutral GBPNZD 1H

Sample: 58,022 1H candles from 2017-05-01 to 2026-10-08
Number of Neutral occurrences: 6,141 times

▸When GBPNZD is in Neutral:

  • then GBPNZD moved to higher Market State: 3,112 times — 50.7%
  • then GBPNZD moved to lower Market State: 3,029 times — 49.3%

▸Current GBPNZD market energy: 16.77%

  • Distance to upper bound of Neutral (at 20.88%): 4.11%
  • Distance to lower bound of Neutral (at -20.88%): 37.65%

"A person's history reveals more than you might think" — 2AITRADING

GBPNZD · H1 · 2023-10-19 08:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
60.8%
Bull Critical
16.8%
Neutral
-10.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Measurement result after the 1H candle closes, GBPNZD within Neutral.

Looking at the energy level, Market Energy dropped -44% this candle, currently 16.8% (previous candle 60.8%).

Time in Neutral energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, GBPNZD Market Energy ranged from -63.1 to +82.1.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GBPNZD price and energy show when this 1H candle closed?

When the 1H candle at 15:00 on 19-10-2023 closed, GBPNZD was at 2.0802, down 0.11% from the previous candle (2.0824). Market Energy was 16.8%, down 44.0 points from 60.8%, 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 2.0802, down 0.11% from the previous 1H candle (2.0824). This drop is larger than 75% of past drops on the 1H timeframe for GBPNZD, across 29,923 candles since 2019.

How did GBPNZD Market Energy change from the previous candle?

Market Energy fell 44 percentage points from the previous candle — from 60.8% to 16.8%. This drop is larger than 96% 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 60.8%, Bull Critical — when this candle closed, GBPNZD moved down to a lower zone: Bull Critical → Neutral.

Where does GBPNZD energy sit within the Neutral zone?

At 16.8%, GBPNZD is 4.11 points from the upper boundary of Neutral (20.88%) and 37.65 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 Bear Critical with energy -63.6%; GER40 (European equities) in Bear Bias with energy -32.1%. Against this backdrop, GBPNZD (Neutral, 16.8%) 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 Bull Bias with Market Energy 51.2%. GBPNZD energy is currently below DXY by 34.4 points.

Real-time Energy Chart

See the real-time energy chart for GBPNZD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for GBPNZD on the GBPNZD overview →

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