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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: 20.12%
- Distance to upper bound of Neutral (at 20.88%): 0.76%
- Distance to lower bound of Neutral (at -20.88%): 41%
"Does history really repeat itself?" — 2AITRADING
As the 1H candle closes, NZDCAD shows the balanced Market Energy zone.
Per the 2AiTrading energy measurement system, Market trend energy recorded a +3.4% rise from the previous candle, from 16.7% to 20.1%.
Time in Neutral energy zone: 2 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 -39 to +61.8.
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 01:00 on 17-12-2024 closed, NZDCAD was in Neutral with Market Energy 20.1%, 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 rose 3.4 percentage points from the previous candle — from 16.7% to 20.1%.
What state was NZDCAD in on the previous 1H candle?
The previous 1H candle had NZDCAD at 16.7%, Neutral — this candle kept the same state, no zone change.
Where does NZDCAD energy sit within the Neutral zone?
At 20.1%, NZDCAD is 0.76 points from the upper boundary of Neutral (20.88%) and 41 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 92.4%; GER40 (European equities) in Neutral with energy -6.6%. Against this backdrop, NZDCAD (Neutral, 20.1%) lower than SPX500; sits in the same state zone as 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 Bear Bias with Market Energy -46.4%. NZDCAD energy is currently above DXY by 66.5 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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