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| Price | ▼ 0.88% | ▼ 1.10% | ▲ 0.28% | ▼ 0.19% |
| Energy | ▼ 0.9 | ▼ 6.3 | ▼ 1.4 | ▲ 2.4 |
Trend of Bear Bias GBPNZD Weekly
▸When GBPNZD is in Bear Bias:
- then GBPNZD moved to higher Market State: 34 times — 81%
- then GBPNZD moved to lower Market State: 8 times — 19%
▸Current GBPNZD market energy: -21.82%
- Distance to upper bound of Bear Bias (at -20.88%): 0.94%
- Distance to lower bound of Bear Bias (at -60%): 38.18%
"Does history really repeat itself?" — 2AITRADING
After the Weekly session ends, GBPNZD shows the Bear Bias energy zone.
Market movement after the Weekly candle closes, Market Energy at -21.8%, up +2.4% from -24.2% in the previous candle.
Time in Bear Bias energy zone: 3 Weekly 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 -24.2 to -21.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPNZD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 13-10-2016 closed, GBPNZD was at 1.7619, down 0.19% from the previous candle (1.7653). Market Energy was -21.8%, up 2.4 points from -24.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPNZD price move on this Weekly candle, and how large is that historically?
GBPNZD closed at 1.7619, down 0.19% from the previous Weekly candle (1.7653).
How did GBPNZD Market Energy change from the previous candle?
Market Energy rose 2.4 percentage points from the previous candle — from -24.2% to -21.8%.
Do GBPNZD price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.
What state was GBPNZD in on the previous Weekly candle?
The previous Weekly candle had GBPNZD at -24.2%, Bear Bias — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bear Bias zone?
At -21.8%, GBPNZD is 0.94 points from the upper boundary of Bear Bias (-20.88%) and 38.18 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 Bear Bias with energy -44.5%; GER40 (European equities) in Neutral with energy -9.3%. Against this backdrop, GBPNZD (Bear Bias, -21.8%) lower 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 Bull Extreme with Market Energy 97.6%. GBPNZD (Bear Bias) 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 →
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