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| Price | ▼ 0.50% | ▲ 0.65% | ▼ 0.10% | ▼ 0.42% |
| Energy | ▼ 27.6 | ▲ 4.4 | ▼ 4.4 | ▼ 36.0 |
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: 14.76%
- Distance to upper bound of Neutral (at 20.88%): 6.12%
- Distance to lower bound of Neutral (at -20.88%): 35.64%
"Let data guide you, but never trust it completely" — 2AITRADING
NZDCAD processing result: the Neutral state after the Daily candle closed.
End-of-session update for Daily, The energy level dropped -36%: from 50.8% now at 14.8%.
Time in Neutral energy zone: 1 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 +14.8 to +78.4.
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 03-09-2020 closed, NZDCAD was at 0.8789, down 0.42% from the previous candle (0.88264). Market Energy was 14.8%, down 36.0 points from 50.8%, 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 0.8789, down 0.42% from the previous Daily candle (0.88264). This drop is larger than 71% of past drops on the Daily timeframe for NZDCAD, across 524 candles since 2019.
How did NZDCAD Market Energy change from the previous candle?
Market Energy fell 36 percentage points from the previous candle — from 50.8% to 14.8%. This drop is larger than 93% of past drops on the Daily timeframe for NZDCAD.
Do NZDCAD price and energy agree?
Yes. This candle recorded price moving down 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 50.8%, Bull Bias — when this candle closed, NZDCAD moved down to a lower zone: Bull Bias → Neutral.
Where does NZDCAD energy sit within the Neutral zone?
At 14.8%, NZDCAD is 6.12 points from the upper boundary of Neutral (20.88%) and 35.64 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 Bull Bias with energy 58.1%; GER40 (European equities) in Bull Extreme with energy 81.1%. Against this backdrop, NZDCAD (Neutral, 14.8%) lower 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 23.6%. NZDCAD energy is currently below DXY by 8.8 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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