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Trend of Bear Bias GBPNZD Weekly
▸When GBPNZD is in Bear Bias:
- then GBPNZD moved to higher Market State: 33 times — 80.5%
- then GBPNZD moved to lower Market State: 8 times — 19.5%
▸Current GBPNZD market energy: -24.06%
- Distance to upper bound of Bear Bias (at -20.88%): 3.18%
- Distance to lower bound of Bear Bias (at -60%): 35.94%
"To truly understand anything, study its history" — 2AITRADING
Measurement result after the Weekly candle closes, GBPNZD within the Market Energy zone leaning Bear.
On trend energy, Market Energy moved from 17.2% to -24.1%, down -41.2% from the previous candle.
Time in Bear 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 state was GBPNZD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 18-09-2023 closed, GBPNZD was in Bear Bias with Market Energy -24.1%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did GBPNZD Market Energy change from the previous candle?
Market Energy fell 41.2 percentage points from the previous candle — from 17.2% to -24.1%.
What state was GBPNZD in on the previous Weekly candle?
The previous Weekly candle had GBPNZD at 17.2%, Neutral — when this candle closed, GBPNZD moved down to a lower zone: Neutral → Bear Bias.
Where does GBPNZD energy sit within the Bear Bias zone?
At -24.1%, GBPNZD is 3.18 points from the upper boundary of Bear Bias (-20.88%) and 35.94 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bear Critical with energy -67.5%; GER40 (European equities) in Bear Bias with energy -45%. Against this backdrop, GBPNZD (Bear Bias, -24.1%) has higher energy than SPX500; sits in the same state zone as 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 -2.9%. GBPNZD energy is currently below DXY by 21.2 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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