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| Price | ▲ 0.88% | ▲ 1.71% | ▲ 0.22% | ▼ 0.41% |
| Energy | ▲ 26.1 | ▲ 44.4 | ▲ 20.3 | ▼ 7.8 |
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: 26.88%
- Distance to upper bound of Bull Bias (at 60%): 33.12%
- Distance to lower bound of Bull Bias (at 20.88%): 6%
"Let data guide you, but never trust it completely" — 2AITRADING
The energy state tilted toward Bull is the result just recorded for GBPNZD after the Weekly candle closed.
Looking at the energy level, Market trend energy recorded a -7.8% drop from the previous candle, from 34.6% to 26.9%.
Time in Bull Bias 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 06-12-2021 closed, GBPNZD was at 1.951, down 0.41% from the previous candle (1.959). Market Energy was 26.9%, down 7.8 points from 34.6%, 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 1.951, down 0.41% from the previous Weekly candle (1.959). This drop is larger than 44% of past drops on the Weekly timeframe for GBPNZD, across 188 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 7.8 percentage points from the previous candle — from 34.6% to 26.9%. This drop is larger than 43% of past drops on the Weekly timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. Both price and energy moved down on this candle. 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 34.6%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bull Bias zone?
At 26.9%, GBPNZD is 33.12 points from the upper boundary of Bull Bias (60%) and 6 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 Neutral with energy 5.6%; GER40 (European equities) in Bear Critical with energy -70.7%. Against this backdrop, GBPNZD (Bull Bias, 26.9%) has higher energy 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 Neutral with Market Energy -6.2%. GBPNZD energy is currently above DXY by 33.1 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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