Analysis

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Candle open
Price and energy
NZDCAD from 0.81222 to 0.81597, up 0.46%
Market Energy Neutral -20.7% to Neutral 1.4%, up 22.0 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.03%▼ 0.22%▲ 0.04%▲ 0.46%
Energy▲ 11.0▼ 12.2▼ 2.3▲ 22.0
Volatility trend chart · last 4 sessions
▲ 0.03%▼ 0.22%▲ 0.04%▲ 0.46%▲ 11.0▼ 12.2▼ 2.3▲ 22.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.46% — higher than 77% of past rises
0%255075100%
Energy up 22.0 pts — higher than 78% of past rises
RESEARCH

Trend of Neutral NZDCAD Daily

Sample: 3,242 Daily candles from 2016-01-05 to 2026-10-07
Number of Neutral occurrences: 378 times

▸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: 1.39%

  • Distance to upper bound of Neutral (at 20.88%): 19.49%
  • Distance to lower bound of Neutral (at -20.88%): 22.27%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NZDCAD · D1 · 2024-04-29 00:00 UTC
Preview the last 30 candles — price and energy
View live NZDCAD chart →
Market Energy
-20.7%
Neutral
1.4%
Neutral
-29.4%
Bear Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the Daily session ends, NZDCAD currently in the Neutral level.

Per the 2AiTrading energy measurement system, Market Energy rose +22% this candle, currently 1.4% (previous candle -20.7%).

Time in Neutral energy zone: 5 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, NZDCAD Market Energy ranged from -20.7 to +1.4.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did NZDCAD price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 29-04-2024 closed, NZDCAD was at 0.81597, up 0.46% from the previous candle (0.81222). Market Energy was 1.4%, up 22.0 points from -20.7%, 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 0.81597, up 0.46% from the previous Daily candle (0.81222). This rise is larger than 77% of past rises on the Daily timeframe for NZDCAD, across 1,662 candles since 2019.

How did NZDCAD Market Energy change from the previous candle?

Market Energy rose 22 percentage points from the previous candle — from -20.7% to 1.4%. This rise is larger than 78% of past rises on the Daily timeframe for NZDCAD.

Do NZDCAD price and energy agree?

Yes. On this candle price rose and energy rose — 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 -20.7%, Neutral — this candle kept the same state, no zone change.

Where does NZDCAD energy sit within the Neutral zone?

At 1.4%, NZDCAD is 19.49 points from the upper boundary of Neutral (20.88%) and 22.27 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 Critical with energy 60.5%; GER40 (European equities) in Bull Extreme with energy 78%. Against this backdrop, NZDCAD (Neutral, 1.4%) 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 Critical with Market Energy 61.3%. NZDCAD energy is currently below DXY by 59.9 points.

Real-time Energy Chart

See the real-time energy chart for NZDCAD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for NZDCAD on the NZDCAD overview →

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