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| Price | ▼ 2.28% | ▲ 0.13% | ▼ 1.00% | ▼ 0.34% |
| Energy | ▼ 19.2 | ▼ 7.2 | ▼ 3.3 | ▼ 2.7 |
Trend of Bear Critical GBPNZD Weekly
▸When GBPNZD is in Bear Critical:
- then GBPNZD moved to higher Market State: 9 times — 75%
- then GBPNZD moved to lower Market State: 3 times — 25%
▸Current GBPNZD market energy: -63.11%
- Distance to upper bound of Bear Critical (at -60%): 3.11%
- Distance to lower bound of Bear Critical (at -74.5%): 11.39%
"A person's history reveals more than you might think" — 2AITRADING
As the Weekly candle closes, GBPNZD noted at Bear Critical.
Market trend update: Market Energy dropped -2.7% from the previous candle, from -60.4% to -63.1%.
Time in Bear Critical energy zone: 1 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.
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 22-06-2020 closed, GBPNZD was at 1.9229, down 0.34% from the previous candle (1.9295). Market Energy was -63.1%, down 2.7 points from -60.4%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did GBPNZD price move on this Weekly candle, and how large is that historically?
GBPNZD closed at 1.9229, down 0.34% from the previous Weekly candle (1.9295). This drop is larger than 35% of past drops on the Weekly timeframe for GBPNZD, across 112 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 2.7 percentage points from the previous candle — from -60.4% to -63.1%. This drop is larger than 13% of past drops on the Weekly timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. This candle recorded price moving down 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 Weekly candle?
The previous Weekly candle had GBPNZD at -60.4%, Bear Critical — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bear Critical zone?
At -63.1%, GBPNZD is 3.11 points from the upper boundary of Bear Critical (-60%) and 11.39 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bear Critical mean?
Bear 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 Bear 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 Bear Critical with energy -64.7%; GER40 (European equities) in Bear Extreme with energy -82.9%. Against this backdrop, GBPNZD (Bear Critical, -63.1%) 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 Bull Bias with Market Energy 39.4%. GBPNZD (Bear Critical) 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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