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Trend of Neutral NZDCAD 1H
▸When NZDCAD is in Neutral:
- then NZDCAD moved to higher Market State: 3,123 times — 50.4%
- then NZDCAD moved to lower Market State: 3,079 times — 49.6%
▸Current NZDCAD market energy: 14.91%
- Distance to upper bound of Neutral (at 20.88%): 5.97%
- Distance to lower bound of Neutral (at -20.88%): 35.79%
"To truly understand anything, study its history" — 2AITRADING
The balanced energy level is the result just recorded for NZDCAD after the 1H candle closed.
At the 1H session close, Market Energy moved from 22.5% to 14.9%, down -7.6% from the previous candle.
Time in Neutral 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 -90.6 to +43.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was NZDCAD on 1H when this candle closed?
When the 1H candle at 18:00 on 18-01-2024 closed, NZDCAD was in Neutral with Market Energy 14.9%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did NZDCAD Market Energy change from the previous candle?
Market Energy fell 7.6 percentage points from the previous candle — from 22.5% to 14.9%.
What state was NZDCAD in on the previous 1H candle?
The previous 1H candle had NZDCAD at 22.5%, Bull Bias — when this candle closed, NZDCAD moved down to a lower zone: Bull Bias → Neutral.
Where does NZDCAD energy sit within the Neutral zone?
At 14.9%, NZDCAD is 5.97 points from the upper boundary of Neutral (20.88%) and 35.79 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 99.1%; GER40 (European equities) in Bull Extreme with energy 97.9%. Against this backdrop, NZDCAD (Neutral, 14.9%) 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 Bias with Market Energy 41.2%. NZDCAD energy is currently below DXY by 26.3 points.
See the real-time energy chart for NZDCAD.
Open Energy ChartSee the full 2AiTrading Model data for NZDCAD on the NZDCAD overview →
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