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| Price | ▼ 0.29% | ▼ 0.62% | ▲ 0.48% | ▲ 0.51% |
| Energy | ▼ 4.4 | ▼ 14.7 | ▲ 16.0 | ▲ 37.6 |
Trend of Bear Bias NZDCAD Daily
▸When NZDCAD is in Bear Bias:
- then NZDCAD moved to higher Market State: 194 times — 70.8%
- then NZDCAD moved to lower Market State: 80 times — 29.2%
▸Current NZDCAD market energy: -22.09%
- Distance to upper bound of Bear Bias (at -20.88%): 1.21%
- Distance to lower bound of Bear Bias (at -60%): 37.91%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Observing the completed Daily candle, NZDCAD in Bear Bias.
The energy side shows Energy delta +37.6%: Market Energy at -22.1%, previously -59.7%.
Time in Bear Bias energy zone: 2 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 -75.8 to -22.1.
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 16-08-2018 closed, NZDCAD was at 0.86648, up 0.51% from the previous candle (0.86206). Market Energy was -22.1%, up 37.6 points from -59.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did NZDCAD price move on this Daily candle, and how large is that historically?
NZDCAD closed at 0.86648, up 0.51% from the previous Daily candle (0.86206).
How did NZDCAD Market Energy change from the previous candle?
Market Energy rose 37.6 percentage points from the previous candle — from -59.7% to -22.1%.
Do NZDCAD 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 NZDCAD in on the previous Daily candle?
The previous Daily candle had NZDCAD at -59.7%, Bear Bias — this candle kept the same state, no zone change.
Where does NZDCAD energy sit within the Bear Bias zone?
At -22.1%, NZDCAD is 1.21 points from the upper boundary of Bear Bias (-20.88%) and 37.91 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 Bias with energy -23.2%; GER40 (European equities) in Bear Bias with energy -52.6%. Against this backdrop, NZDCAD (Bear Bias, -22.1%) sits in the same state zone as 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 Extreme with Market Energy 95.9%. NZDCAD (Bear Bias) and DXY currently sit on opposite sides.
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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