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| Price | ▼ 0.18% | ▲ 1.38% | ▲ 0.09% | ▼ 0.01% |
| Energy | ▼ 5.8 | ▲ 39.0 | ▲ 0.3 | ▼ 3.4 |
Trend of Bull Bias NZDCAD Daily
▸When NZDCAD is in Bull Bias:
- then NZDCAD moved to higher Market State: 58 times — 23.4%
- then NZDCAD moved to lower Market State: 190 times — 76.6%
▸Current NZDCAD market energy: 50.81%
- Distance to upper bound of Bull Bias (at 60%): 9.19%
- Distance to lower bound of Bull Bias (at 20.88%): 29.93%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
As the Daily candle completes, NZDCAD noted at the Bull Bias state.
Looking at the Market Energy reading, Energy delta -3.4%: Market Energy at 50.8%, previously 54.2%.
Time in Bull Bias 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 +15 to +54.2.
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 04-11-2018 closed, NZDCAD was at 0.87113, down 0.01% from the previous candle (0.87121). Market Energy was 50.8%, down 3.4 points from 54.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did NZDCAD price move on this Daily candle, and how large is that historically?
NZDCAD closed at 0.87113, down 0.01% from the previous Daily candle (0.87121).
How did NZDCAD Market Energy change from the previous candle?
Market Energy fell 3.4 percentage points from the previous candle — from 54.2% to 50.8%.
Do NZDCAD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was NZDCAD in on the previous Daily candle?
The previous Daily candle had NZDCAD at 54.2%, Bull Bias — this candle kept the same state, no zone change.
Where does NZDCAD energy sit within the Bull Bias zone?
At 50.8%, NZDCAD is 9.19 points from the upper boundary of Bull Bias (60%) and 29.93 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 Bear Bias with energy -44.1%; GER40 (European equities) in Neutral with energy -14.5%. Against this backdrop, NZDCAD (Bull Bias, 50.8%) 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 Neutral with Market Energy 0.8%. NZDCAD energy is currently above DXY by 50 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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