Analysis

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Candle close
Price and energy
NZDCAD from 0.874 to 0.87678, up 0.32%
Market Energy Bull Bias 41.6% to Bull Critical 62.9%, up 21.3 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.10%▼ 0.02%▲ 0.14%▲ 0.32%
Energy▼ 17.6▼ 7.6▼ 0.7▲ 21.3
Volatility trend chart · last 4 sessions
▼ 0.10%▼ 0.02%▲ 0.14%▲ 0.32%▼ 17.6▼ 7.6▼ 0.7▲ 21.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.32% — higher than 99% of past rises
0%255075100%
Energy up 21.3 pts — higher than 80% of past rises
RESEARCH

Trend of Bull Critical NZDCAD 1H

Sample: 58,457 1H candles from 2017-05-01 to 2026-10-09
Number of Bull Critical occurrences: 1,638 times

▸When NZDCAD is in Bull Critical:

  • then NZDCAD moved to higher Market State: 445 times — 27.2%
  • then NZDCAD moved to lower Market State: 1,193 times — 72.8%

▸Current NZDCAD market energy: 62.9%

  • Distance to upper bound of Bull Critical (at 74.5%): 11.6%
  • Distance to lower bound of Bull Critical (at 60%): 2.9%

"To truly understand anything, study its history" — 2AITRADING

NZDCAD · H1 · 2022-03-07 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
41.6%
Bull Bias
62.9%
Bull Critical
85.0%
Bull Extreme
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Reading from the 1H candle, NZDCAD within the Bull Critical level.

Market energy movement Market Energy at 62.9%, up +21.3% from 41.6% in the previous candle.

Time in Bull 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 -74.1 to +97.9.

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 07:00 on 07-03-2022 closed, NZDCAD was at 0.87678, up 0.32% from the previous candle (0.874). Market Energy was 62.9%, up 21.3 points from 41.6%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

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

NZDCAD closed at 0.87678, up 0.32% from the previous 1H candle (0.874). This rise is larger than 99% of past rises on the 1H timeframe for NZDCAD, across 19,751 candles since 2019.

How did NZDCAD Market Energy change from the previous candle?

Market Energy rose 21.3 percentage points from the previous candle — from 41.6% to 62.9%. This rise is larger than 80% of past rises on the 1H timeframe for NZDCAD.

Do NZDCAD price and energy agree?

Yes. This candle recorded price moving up 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 41.6%, Bull Bias — when this candle closed, NZDCAD moved up to a higher zone: Bull Bias → Bull Critical.

Where does NZDCAD energy sit within the Bull Critical zone?

At 62.9%, NZDCAD is 11.6 points from the upper boundary of Bull Critical (74.5%) and 2.9 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.

What does Bull Critical mean?

Bull 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 Bull 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 Bear Extreme with energy -90%; GER40 (European equities) in Bear Bias with energy -59.6%. Against this backdrop, NZDCAD (Bull Critical, 62.9%) 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 Bull Extreme with Market Energy 99.9%. NZDCAD (Bull Critical) and DXY currently sit on the same Bull side.

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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