Analysis

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Candle close
Price and energy
GBPNZD from 2.0749 to 2.0782, up 0.16%
Market Energy Bull Bias 37.9% to Bull Critical 66.3%, up 28.3 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.15%▲ 0.08%▲ 0.19%▲ 0.16%
Energy▼ 34.3▲ 2.0▲ 45.3▲ 28.3
Volatility trend chart · last 4 sessions
▼ 0.15%▲ 0.08%▲ 0.19%▲ 0.16%▼ 34.3▲ 2.0▲ 45.3▲ 28.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.16% — higher than 88% of past rises
0%255075100%
Energy up 28.3 pts — higher than 88% of past rises
RESEARCH

Trend of Bull Critical GBPNZD 1H

Sample: 58,042 1H candles from 2017-05-01 to 2026-10-09
Number of Bull Critical occurrences: 1,570 times

▸When GBPNZD is in Bull Critical:

  • then GBPNZD moved to higher Market State: 425 times — 27.1%
  • then GBPNZD moved to lower Market State: 1,145 times — 72.9%

▸Current GBPNZD market energy: 66.27%

  • Distance to upper bound of Bull Critical (at 74.5%): 8.23%
  • Distance to lower bound of Bull Critical (at 60%): 6.27%

"Does history really repeat itself?" — 2AITRADING

GBPNZD · H1 · 2023-11-16 16:00 UTC
Preview the last 30 candles — price and energy
View live GBPNZD chart →
Market Energy
37.9%
Bull Bias
66.3%
Bull Critical
55.9%
Bull Bias
Zone
60 – 74.5
Bias
Buyers in control
Explanation

As the 1H candle completes, GBPNZD currently in Bull Critical of Market Energy.

Per the 2AiTrading energy measurement system, Market Energy moved from 37.9% to 66.3%, up +28.3% from the previous candle.

Time in Bull Critical 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 -98.1 to +82.4.

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 23:00 on 16-11-2023 closed, GBPNZD was at 2.0782, up 0.16% from the previous candle (2.0749). Market Energy was 66.3%, up 28.3 points from 37.9%, 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 2.0782, up 0.16% from the previous 1H candle (2.0749). This rise is larger than 88% of past rises on the 1H timeframe for GBPNZD, across 30,410 candles since 2019.

How did GBPNZD Market Energy change from the previous candle?

Market Energy rose 28.3 percentage points from the previous candle — from 37.9% to 66.3%. This rise is larger than 88% of past rises on the 1H timeframe for GBPNZD.

Do GBPNZD price and energy agree?

Yes. This candle recorded price moving up 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 37.9%, Bull Bias — when this candle closed, GBPNZD moved up to a higher zone: Bull Bias → Bull Critical.

Where does GBPNZD energy sit within the Bull Critical zone?

At 66.3%, GBPNZD is 8.23 points from the upper boundary of Bull Critical (74.5%) and 6.27 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 Neutral with energy -8.7%; GER40 (European equities) in Neutral with energy -15.5%. Against this backdrop, GBPNZD (Bull Critical, 66.3%) 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 Bear Bias with Market Energy -23.9%. GBPNZD (Bull Critical) and DXY currently sit on opposite sides.

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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