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| Price | ▲ 1.04% | ▲ 0.49% | ▼ 0.08% | ▲ 1.21% |
| Energy | ▲ 19.9 | ▲ 13.9 | ▼ 5.5 | ▲ 13.9 |
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: 28.64%
- Distance to upper bound of Bull Bias (at 60%): 31.36%
- Distance to lower bound of Bull Bias (at 20.88%): 7.76%
"Why does archaeology matter?" — 2AITRADING
Reading from the Weekly candle, GBPNZD within energy leaning Bull.
Market trend update: Market Energy reading rose +13.9%, moving from 14.8% to 28.6% 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.
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What did GBPNZD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 06-03-2023 closed, GBPNZD was at 1.9606, up 1.21% from the previous candle (1.9372). Market Energy was 28.6%, up 13.9 points from 14.8%, 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 1.9606, up 1.21% from the previous Weekly candle (1.9372). This rise is larger than 78% of past rises on the Weekly timeframe for GBPNZD, across 253 candles since 2019.
How did GBPNZD Market Energy change from the previous candle?
Market Energy rose 13.9 percentage points from the previous candle — from 14.8% to 28.6%. This rise is larger than 66% of past rises on the Weekly timeframe for GBPNZD.
Do GBPNZD price and energy agree?
Yes. This candle recorded price moving up 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 14.8%, 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 28.6%, GBPNZD is 31.36 points from the upper boundary of Bull Bias (60%) and 7.76 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 83%; GER40 (European equities) in Bull Extreme with energy 77.3%. Against this backdrop, GBPNZD (Bull Bias, 28.6%) 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 Bear Bias with Market Energy -42.3%. GBPNZD (Bull 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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