·
| Price | ▲ 0.04% | ▲ 0.15% | ▼ 0.03% | ▲ 0.05% |
| Energy | ▲ 22.1 | ▲ 43.0 | ▲ 0.8 | ▼ 2.1 |
Trend of Bull Extreme GBPNZD 1H
▸When GBPNZD is in Bull Extreme:
- then GBPNZD moved to higher Market State: 0 times — 0%
- then GBPNZD moved to lower Market State: 668 times — 100%
▸Current GBPNZD market energy: 76.63%
- Distance to peak 100%: 23.37%
- Distance to lower bound of Bull Extreme (at 74.5%): 2.13%
"Does history really repeat itself?" — 2AITRADING
The peak Bull energy state recorded from just-completed 1H candle data for GBPNZD.
The energy side shows Market Energy reading dropped -2.1%, moving from 78.7% to 76.6% after the 1H candle.
Time in Bull Extreme 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 -61 to +82.3.
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 08-07-2024 closed, GBPNZD was at 2.0902, up 0.05% from the previous candle (2.0891). Market Energy was 76.6%, down 2.1 points from 78.7%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did GBPNZD price move on this 1H candle, and how large is that historically?
GBPNZD closed at 2.0902, up 0.05% from the previous 1H candle (2.0891). This rise is larger than 48% of past rises on the 1H timeframe for GBPNZD, across 34,364 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 2.1 percentage points from the previous candle — from 78.7% to 76.6%. This drop is larger than 15% of past drops on the 1H timeframe for GBPNZD.
Do GBPNZD price and energy agree?
No. This candle recorded a price rise with energy moving the other 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 — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bull Extreme zone?
At 76.6%, GBPNZD is 23.37 points from the upper boundary of Bull Extreme (100%) and 2.13 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 Extreme with energy 77%; GER40 (European equities) in Bull Critical with energy 64.6%. Against this backdrop, GBPNZD (Bull Extreme, 76.6%) has higher energy than GER40; sits in the same state zone as 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 Bear Bias with Market Energy -26%. GBPNZD (Bull Extreme) and DXY currently sit on opposite sides.
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 .