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| Price | ▲ 0.38% | ▼ 0.09% | ▲ 0.38% | ▼ 0.56% |
| Energy | ▲ 19.2 | ▲ 1.0 | ▲ 15.5 | ▼ 27.4 |
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: 33.64%
- Distance to upper bound of Bull Bias (at 60%): 26.36%
- Distance to lower bound of Bull Bias (at 20.88%): 12.76%
"Does history really repeat itself?" — 2AITRADING
Trend energy leaning Bull is the result just recorded for NZDCAD after the Daily candle closed.
On trend energy, Market Energy at 33.6%, down -27.4% from 61% in the previous candle.
Time in Bull Bias 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 +25.3 to +61.
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 04-02-2021 closed, NZDCAD was at 0.91812, down 0.56% from the previous candle (0.92327). Market Energy was 33.6%, down 27.4 points from 61%, 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 0.91812, down 0.56% from the previous Daily candle (0.92327). This drop is larger than 84% of past drops on the Daily timeframe for NZDCAD, across 654 candles since 2019.
How did NZDCAD Market Energy change from the previous candle?
Market Energy fell 27.4 percentage points from the previous candle — from 61% to 33.6%. This drop is larger than 86% of past drops on the Daily timeframe for NZDCAD.
Do NZDCAD price and energy agree?
Yes. Both price and energy moved down on this candle. 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 61%, Bull Critical — when this candle closed, NZDCAD moved down to a lower zone: Bull Critical → Bull Bias.
Where does NZDCAD energy sit within the Bull Bias zone?
At 33.6%, NZDCAD is 26.36 points from the upper boundary of Bull Bias (60%) and 12.76 points from the lower boundary (20.88%) — so energy sits closer to the lower 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%; GER40 (European equities) in Bull Critical with energy 67.9%. Against this backdrop, NZDCAD (Bull Bias, 33.6%) has higher energy than SPX500; lower than 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 Bear Bias with Market Energy -22.5%. NZDCAD (Bull 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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