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| Price | ▲ 0.36% | ▲ 0.68% | ▼ 1.04% | ▲ 0.84% |
| Energy | ▲ 7.2 | ▲ 5.0 | ▼ 50.5 | ▼ 4.1 |
Trend of Neutral GBPNZD Weekly
▸When GBPNZD is in Neutral:
- then GBPNZD moved to higher Market State: 47 times — 58%
- then GBPNZD moved to lower Market State: 34 times — 42%
▸Current GBPNZD market energy: 8.44%
- Distance to upper bound of Neutral (at 20.88%): 12.44%
- Distance to lower bound of Neutral (at -20.88%): 29.32%
"History always repeats itself, one way or another" — 2AITRADING
As the Weekly candle completes, GBPNZD in trend energy in a neutral state.
Market trend update: Compared to the previous candle (12.5%), Market Energy dropped -4.1% to 8.4%.
Time in Neutral energy zone: 2 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.
Not enough data in the past 5 days to show a range.
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What did GBPNZD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 16-03-2020 closed, GBPNZD was at 2.0658, up 0.84% from the previous candle (2.0486). Market Energy was 8.4%, down 4.1 points from 12.5%, 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 Weekly candle, and how large is that historically?
GBPNZD closed at 2.0658, up 0.84% from the previous Weekly candle (2.0486). This rise is larger than 61% of past rises on the Weekly timeframe for GBPNZD, across 98 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 4.1 percentage points from the previous candle — from 12.5% to 8.4%. This drop is larger than 29% of past drops on the Weekly timeframe for GBPNZD.
Do GBPNZD price and energy agree?
No. On this candle price rose but energy fell — 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 12.5%, Neutral — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Neutral zone?
At 8.4%, GBPNZD is 12.44 points from the upper boundary of Neutral (20.88%) and 29.32 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 Bull Bias with energy 59.7%; GER40 (European equities) in Bull Bias with energy 33.4%. Against this backdrop, GBPNZD (Neutral, 8.4%) lower 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 55.3%. GBPNZD energy is currently below DXY by 46.9 points.
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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