·
| Price | ▲ 0.00% | ▼ 0.02% | ▼ 0.01% | ▼ 0.08% |
| Energy | ▼ 3.4 | ▼ 21.9 | ▼ 17.4 | ▼ 21.5 |
Trend of Bear Bias NZDCAD 1H
▸When NZDCAD is in Bear Bias:
- then NZDCAD moved to higher Market State: 3,214 times — 69.6%
- then NZDCAD moved to lower Market State: 1,403 times — 30.4%
▸Current NZDCAD market energy: -36.88%
- Distance to upper bound of Bear Bias (at -20.88%): 16%
- Distance to lower bound of Bear Bias (at -60%): 23.12%
"Why does archaeology matter?" — 2AITRADING
As the 1H candle completes, NZDCAD classified as the energy zone tilted toward Bear.
On the energy side, Market trend energy recorded a -21.5% drop from the previous candle, from -15.4% to -36.9%.
Time in Bear Bias energy zone: 1 1H 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 -72.6 to +78.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did NZDCAD price and energy show when this 1H candle closed?
When the 1H candle at 09:00 on 08-07-2020 closed, NZDCAD was at 0.88995, down 0.08% from the previous candle (0.89066). Market Energy was -36.9%, down 21.5 points from -15.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did NZDCAD price move on this 1H candle, and how large is that historically?
NZDCAD closed at 0.88995, down 0.08% from the previous 1H candle (0.89066). This drop is larger than 67% of past drops on the 1H timeframe for NZDCAD, across 9,415 candles since 2019.
How did NZDCAD Market Energy change from the previous candle?
Market Energy fell 21.5 percentage points from the previous candle — from -15.4% to -36.9%. This drop is larger than 79% of past drops on the 1H timeframe for NZDCAD.
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 1H candle?
The previous 1H candle had NZDCAD at -15.4%, Neutral — when this candle closed, NZDCAD moved down to a lower zone: Neutral → Bear Bias.
Where does NZDCAD energy sit within the Bear Bias zone?
At -36.9%, NZDCAD is 16 points from the upper boundary of Bear Bias (-20.88%) and 23.12 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 -27.7%; GER40 (European equities) in Bear Bias with energy -47.3%. Against this backdrop, NZDCAD (Bear Bias, -36.9%) sits in the same state zone as 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 6.6%. NZDCAD energy is currently below DXY by 43.4 points.
See the real-time energy chart for NZDCAD.
Open Energy ChartSee the full 2AiTrading Model data for NZDCAD on the NZDCAD overview →
To jump to a symbol you're interested in, click .