Analysis

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Candle close
Price and energy
NZDCAD from 0.83869 to 0.83601, down 0.32%
Market Energy Bull Bias 24.4% to Bear Critical -65.7%, down 90.2 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.02%▲ 0.17%▼ 0.19%▼ 0.32%
Energy▼ 1.1▲ 34.3▼ 46.6▼ 90.2
Volatility trend chart · last 4 sessions
▼ 0.02%▲ 0.17%▼ 0.19%▼ 0.32%▼ 1.1▲ 34.3▼ 46.6▼ 90.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.32% — higher than 99% of past drops
0%255075100%
Energy down 90.2 pts — largest on record (since 2019)
RESEARCH

Trend of Bear Critical NZDCAD 1H

Sample: 58,461 1H candles from 2017-05-01 to 2026-10-09
Number of Bear Critical occurrences: 1,796 times

▸When NZDCAD is in Bear Critical:

  • then NZDCAD moved to higher Market State: 1,338 times — 74.5%
  • then NZDCAD moved to lower Market State: 458 times — 25.5%

▸Current NZDCAD market energy: -65.75%

  • Distance to upper bound of Bear Critical (at -60%): 5.75%
  • Distance to lower bound of Bear Critical (at -74.5%): 8.75%

"Why does archaeology matter?" — 2AITRADING

NZDCAD · H1 · 2023-05-01 14:00 UTC
Preview the last 30 candles — price and energy
View live NZDCAD chart →
Market Energy
24.4%
Bull Bias
-65.7%
Bear Critical
-83.2%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Bear trend energy near extreme determined for NZDCAD through the 1H candle data.

Market movement just recorded on the 1H timeframe, Market Energy dropped -90.2% from the previous session, from 24.4% to -65.7%.

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 -78.5 to +73.8.

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 21:00 on 01-05-2023 closed, NZDCAD was at 0.83601, down 0.32% from the previous candle (0.83869). Market Energy was -65.7%, down 90.2 points from 24.4%, 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 0.83601, down 0.32% from the previous 1H candle (0.83869). This drop is larger than 99% of past drops on the 1H timeframe for NZDCAD, across 26,948 candles since 2019.

How did NZDCAD Market Energy change from the previous candle?

Market Energy fell 90.2 percentage points from the previous candle — from 24.4% to -65.7%. This is the largest of all drops on the 1H timeframe for NZDCAD on record since 2019.

Do NZDCAD price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 24.4%, Bull Bias — when this candle closed, NZDCAD moved down to a lower zone: Bull Bias → Bear Critical.

Where does NZDCAD energy sit within the Bear Critical zone?

At -65.7%, NZDCAD is 5.75 points from the upper boundary of Bear Critical (-60%) and 8.75 points from the lower boundary (-74.5%) — so energy sits closer to the upper 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 Bull Extreme with energy 89.6%; GER40 (European equities) in Bear Bias with energy -42.3%. Against this backdrop, NZDCAD (Bear Critical, -65.7%) 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 Extreme with Market Energy 95.3%. NZDCAD (Bear Critical) 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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