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| Price | ▲ 0.65% | ▼ 0.89% | ▲ 0.14% | ▲ 0.31% |
| Energy | ▲ 25.2 | ▼ 32.2 | ▼ 7.9 | ▲ 10.6 |
Trend of Neutral NZDCAD Daily
▸When NZDCAD is in Neutral:
- then NZDCAD moved to higher Market State: 186 times — 49.2%
- then NZDCAD moved to lower Market State: 192 times — 50.8%
▸Current NZDCAD market energy: 20.6%
- Distance to upper bound of Neutral (at 20.88%): 0.28%
- Distance to lower bound of Neutral (at -20.88%): 41.48%
"Does history really repeat itself?" — 2AITRADING
As the Daily session concludes, NZDCAD noted at the Neutral zone.
End-of-session update for Daily, Market Energy reading rose +10.6%, moving from 10% to 20.6% after the Daily candle.
Time in Neutral energy zone: 3 Daily 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.
Over the past 5 days, NZDCAD Market Energy ranged from +10 to +50.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did NZDCAD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 09-02-2018 closed, NZDCAD was at 0.9126, up 0.31% from the previous candle (0.90974). Market Energy was 20.6%, up 10.6 points from 10%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did NZDCAD price move on this Daily candle, and how large is that historically?
NZDCAD closed at 0.9126, up 0.31% from the previous Daily candle (0.90974).
How did NZDCAD Market Energy change from the previous candle?
Market Energy rose 10.6 percentage points from the previous candle — from 10% to 20.6%.
Do NZDCAD price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was NZDCAD in on the previous Daily candle?
The previous Daily candle had NZDCAD at 10%, Neutral — this candle kept the same state, no zone change.
Where does NZDCAD energy sit within the Neutral zone?
At 20.6%, NZDCAD is 0.28 points from the upper boundary of Neutral (20.88%) and 41.48 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Extreme with energy -81.1%; GER40 (European equities) in Bear Critical with energy -70.3%. Against this backdrop, NZDCAD (Neutral, 20.6%) 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 Bull Bias with Market Energy 56.4%. NZDCAD energy is currently below DXY by 35.8 points.
See the real-time energy chart for NZDCAD.
Open Energy ChartSee the full 2AiTrading Model data for NZDCAD on the NZDCAD overview →
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