·
| Price | ▼ 0.27% | ▲ 0.52% | ▲ 2.52% | ▲ 0.16% |
| Energy | ▲ 3.2 | ▲ 11.9 | ▲ 50.0 | ▲ 21.6 |
Trend of Bull Bias GBPNZD Weekly
▸When GBPNZD is in Bull Bias:
- then GBPNZD moved to higher Market State: 18 times — 29%
- then GBPNZD moved to lower Market State: 44 times — 71%
▸Current GBPNZD market energy: 25.61%
- Distance to upper bound of Bull Bias (at 60%): 34.39%
- Distance to lower bound of Bull Bias (at 20.88%): 4.73%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly data updates, GBPNZD within energy leaning Bull.
On the energy side, Market Energy reading rose +21.6%, moving from 4% to 25.6% after the Weekly candle.
Time in Bull Bias 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 03-08-2020 closed, GBPNZD was at 1.9775, up 0.16% from the previous candle (1.9743). Market Energy was 25.6%, up 21.6 points from 4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did GBPNZD price move on this Weekly candle, and how large is that historically?
GBPNZD closed at 1.9775, up 0.16% from the previous Weekly candle (1.9743). This rise is larger than 17% of past rises on the Weekly timeframe for GBPNZD, across 118 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy rose 21.6 percentage points from the previous candle — from 4% to 25.6%. This rise is larger than 84% of past rises on the Weekly timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was GBPNZD in on the previous Weekly candle?
The previous Weekly candle had GBPNZD at 4%, Neutral — when this candle closed, GBPNZD moved up to a higher zone: Neutral → Bull Bias.
Where does GBPNZD energy sit within the Bull Bias zone?
At 25.6%, GBPNZD is 34.39 points from the upper boundary of Bull Bias (60%) and 4.73 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bull Extreme with energy 82.2%; GER40 (European equities) in Neutral with energy -6.8%. Against this backdrop, GBPNZD (Bull Bias, 25.6%) has higher energy than GER40; lower than 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 77%. GBPNZD (Bull Bias) and DXY currently sit on the same Bull side.
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 .