Analysis

·

Candle close
Price and energy
NZDCAD from 0.87442 to 0.87437, down 0.01%
Market Energy Bear Extreme -75.6% to Bear Critical -68.1%, up 7.5 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.07%▲ 0.02%▲ 0.04%▼ 0.01%
Energy▲ 0.7▲ 3.7▲ 10.6▲ 7.5
Volatility trend chart · last 4 sessions
▼ 0.07%▲ 0.02%▲ 0.04%▼ 0.01%▲ 0.7▲ 3.7▲ 10.6▲ 7.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.01% — higher than 6% of past drops
0%255075100%
Energy up 7.5 pts — higher than 41% of past rises
RESEARCH

Trend of Bear Critical NZDCAD 1H

Sample: 58,437 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Critical occurrences: 1,795 times

▸When NZDCAD is in Bear Critical:

  • then NZDCAD moved to higher Market State: 1,337 times — 74.5%
  • then NZDCAD moved to lower Market State: 458 times — 25.5%

▸Current NZDCAD market energy: -68.09%

  • Distance to upper bound of Bear Critical (at -60%): 8.09%
  • Distance to lower bound of Bear Critical (at -74.5%): 6.41%

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

NZDCAD · H1 · 2021-05-12 11:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-75.6%
Bear Extreme
-68.1%
Bear Critical
-70.8%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Reading from the 1H candle, NZDCAD within the Bear Critical zone.

Observing the NZDCAD market this session, Market Energy rose +7.5% from the previous session, from -75.6% to -68.1%.

Time in Bear Critical 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 -90.6 to +74.9.

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 18:00 on 12-05-2021 closed, NZDCAD was at 0.87437, down 0.01% from the previous candle (0.87442). Market Energy was -68.1%, up 7.5 points from -75.6%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did NZDCAD price move on this 1H candle, and how large is that historically?

NZDCAD closed at 0.87437, down 0.01% from the previous 1H candle (0.87442). This drop is larger than 6% of past drops on the 1H timeframe for NZDCAD, across 14,654 candles since 2019.

How did NZDCAD Market Energy change from the previous candle?

Market Energy rose 7.5 percentage points from the previous candle — from -75.6% to -68.1%. This rise is larger than 41% of past rises on the 1H timeframe for NZDCAD.

Do NZDCAD price and energy agree?

No. This candle recorded a price decline with energy moving the other 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 -75.6%, Bear Extreme — when this candle closed, NZDCAD moved up to a higher zone: Bear Extreme → Bear Critical.

Where does NZDCAD energy sit within the Bear Critical zone?

At -68.1%, NZDCAD is 8.09 points from the upper boundary of Bear Critical (-60%) and 6.41 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 Neutral with energy 13.1%; GER40 (European equities) in Bull Bias with energy 58.8%. Against this backdrop, NZDCAD (Bear Critical, -68.1%) 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 Neutral with Market Energy -8.4%. NZDCAD energy is currently below DXY by 59.7 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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