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| Price | ▲ 0.05% | ▼ 0.01% | ▲ 0.15% | ▲ 0.37% |
| Energy | ▲ 2.1 | ▼ 0.2 | ▲ 11.4 | ▲ 23.4 |
Trend of Bull Extreme NZDCAD 1H
▸When NZDCAD is in Bull Extreme:
- then NZDCAD moved to higher Market State: 0 times — 0%
- then NZDCAD moved to lower Market State: 643 times — 100%
▸Current NZDCAD market energy: 84.74%
- Distance to peak 100%: 15.26%
- Distance to lower bound of Bull Extreme (at 74.5%): 10.24%
"Why does archaeology matter?" — 2AITRADING
From the just-closed 1H candle data, Market NZDCAD in the upper-boundary Bull energy state - Bull Extreme.
Market trend energy Market Energy moved from 61.3% to 84.7%, up +23.4% from the previous candle.
Time in Bull Extreme 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 -61.5 to +84.7.
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 08:00 on 29-08-2024 closed, NZDCAD was at 0.84619, up 0.37% from the previous candle (0.84311). Market Energy was 84.7%, up 23.4 points from 61.3%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did NZDCAD price move on this 1H candle, and how large is that historically?
NZDCAD closed at 0.84619, up 0.37% from the previous 1H candle (0.84311). This rise is larger than 99% of past rises on the 1H timeframe for NZDCAD, across 35,238 candles since 2019.
How did NZDCAD Market Energy change from the previous candle?
Market Energy rose 23.4 percentage points from the previous candle — from 61.3% to 84.7%. This rise is larger than 83% of past rises on the 1H timeframe for NZDCAD.
Do NZDCAD price and energy agree?
Yes. Both price and energy moved up on this candle. 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 61.3%, Bull Critical — when this candle closed, NZDCAD moved up to a higher zone: Bull Critical → Bull Extreme.
Where does NZDCAD energy sit within the Bull Extreme zone?
At 84.7%, NZDCAD is 15.26 points from the upper boundary of Bull Extreme (100%) and 10.24 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 Critical with energy -64.1%; GER40 (European equities) in Bear Bias with energy -23.2%. Against this backdrop, NZDCAD (Bull Extreme, 84.7%) 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 Neutral with Market Energy 15.9%. NZDCAD energy is currently above DXY by 68.8 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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