Analysis

·

Candle close
Price and energy
NZDCAD from 0.87272 to 0.87202, down 0.08%
Market Energy Bull Extreme 77.6% to Bull Bias 57.2%, down 20.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.17%▲ 0.04%▲ 0.01%▼ 0.08%
Energy▲ 10.1▲ 5.0▼ 3.0▼ 20.4
Volatility trend chart · last 4 sessions
▲ 0.17%▲ 0.04%▲ 0.01%▼ 0.08%▲ 10.1▲ 5.0▼ 3.0▼ 20.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08%: not enough data to rank
0%255075100%
Energy down 20.4 pts: not enough data to rank
RESEARCH

Trend of Bull Bias NZDCAD 1H

Sample: 58,422 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Bias occurrences: 4,595 times

▸When NZDCAD is in Bull Bias:

  • then NZDCAD moved to higher Market State: 1,287 times — 28%
  • then NZDCAD moved to lower Market State: 3,308 times — 72%

▸Current NZDCAD market energy: 57.17%

  • Distance to upper bound of Bull Bias (at 60%): 2.83%
  • Distance to lower bound of Bull Bias (at 20.88%): 36.29%

"A person's history reveals more than you might think" — 2AITRADING

NZDCAD · H1 · 2018-08-21 20:00 UTC
Preview the last 30 candles — price and energy
View live NZDCAD chart →
Market Energy
77.6%
Bull Extreme
57.2%
Bull Bias
62.5%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

As the 1H candle completes, NZDCAD recorded in trend energy leaning Bull.

On the energy side, Market Energy dropped -20.4% from the previous session, from 77.6% to 57.2%.

Time in Bull Bias energy zone: 1 1H 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 -76.6 to +80.6.

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 1H candle closed?

When the 1H candle at 03:00 on 22-08-2018 closed, NZDCAD was at 0.87202, down 0.08% from the previous candle (0.87272). Market Energy was 57.2%, down 20.4 points from 77.6%, 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 1H candle, and how large is that historically?

NZDCAD closed at 0.87202, down 0.08% from the previous 1H candle (0.87272).

How did NZDCAD Market Energy change from the previous candle?

Market Energy fell 20.4 percentage points from the previous candle — from 77.6% to 57.2%.

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 1H candle?

The previous 1H candle had NZDCAD at 77.6%, Bull Extreme — when this candle closed, NZDCAD moved down to a lower zone: Bull Extreme → Bull Bias.

Where does NZDCAD energy sit within the Bull Bias zone?

At 57.2%, NZDCAD is 2.83 points from the upper boundary of Bull Bias (60%) and 36.29 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 Extreme with energy -85.5%; GER40 (European equities) in Bear Bias with energy -26.2%. Against this backdrop, NZDCAD (Bull Bias, 57.2%) 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 Bear Critical with Market Energy -74.3%. NZDCAD (Bull Bias) and DXY currently sit on opposite sides.

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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