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Trend of Bull Bias GBPNZD Weekly
▸When GBPNZD is in Bull Bias:
- then GBPNZD moved to higher Market State: 17 times — 27.9%
- then GBPNZD moved to lower Market State: 44 times — 72.1%
▸Current GBPNZD market energy: 48.81%
- Distance to upper bound of Bull Bias (at 60%): 11.19%
- Distance to lower bound of Bull Bias (at 20.88%): 27.93%
"Why does archaeology matter?" — 2AITRADING
With the Weekly candle just closed, Market Energy of GBPNZD indicates Bull Bias.
Per the 2AI model, Market Energy dropped -4.5% from the previous candle, from 53.4% to 48.8%.
Time in Bull Bias energy zone: 7 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 state was GBPNZD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 03-07-2023 closed, GBPNZD was in Bull Bias with Market Energy 48.8%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 4.5 percentage points from the previous candle — from 53.4% to 48.8%.
What state was GBPNZD in on the previous Weekly candle?
The previous Weekly candle had GBPNZD at 53.4%, Bull Bias — this candle kept the same state, no zone change.
Where does GBPNZD energy sit within the Bull Bias zone?
At 48.8%, GBPNZD is 11.19 points from the upper boundary of Bull Bias (60%) and 27.93 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 -5.1%; GER40 (European equities) in Bull Critical with energy 70.4%. Against this backdrop, GBPNZD (Bull Bias, 48.8%) has higher energy than SPX500; lower than 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 Critical with Market Energy -69.3%. 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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