Analysis

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Candle close
Price and energy
NZDCHF from 0.54049 to 0.53929, down 0.22%
Market Energy Neutral 13.2% to Bear Bias -59.3%, down 72.5 pts
Down candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.03%▼ 0.01%▼ 0.03%▼ 0.22%
Energy▼ 2.6▼ 4.4▼ 17.3▼ 72.5
Volatility trend chart · last 4 sessions
▼ 0.03%▼ 0.01%▼ 0.03%▼ 0.22%▼ 2.6▼ 4.4▼ 17.3▼ 72.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.22% — higher than 93% of past drops
0%255075100%
Energy down 72.5 pts — largest on record (since 2019)
RESEARCH

Trend of Bear Bias NZDCHF 1H

Sample: 58,457 1H candles from 2017-05-01 to 2026-10-09
Number of Bear Bias occurrences: 4,533 times

▸When NZDCHF is in Bear Bias:

  • then NZDCHF moved to higher Market State: 3,285 times — 72.5%
  • then NZDCHF moved to lower Market State: 1,248 times — 27.5%

▸Current NZDCHF market energy: -59.3%

  • Distance to upper bound of Bear Bias (at -20.88%): 38.42%
  • Distance to lower bound of Bear Bias (at -60%): 0.7%

"Let data guide you, but never trust it completely" — 2AITRADING

NZDCHF · H1 · 2023-12-27 08:00 UTC
Preview the last 30 candles — price and energy
View live NZDCHF chart →
Market Energy
13.2%
Neutral
-59.3%
Bear Bias
-75.0%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

The system just recorded NZDCHF in Bear Bias of Market Energy after the 1H candle closed.

Per the 2AiTrading energy measurement system, Market Energy reading dropped -72.5%, moving from 13.2% to -59.3% after the 1H candle.

Time in Bear Bias 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, NZDCHF Market Energy ranged from -59.3 to +65.5.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did NZDCHF price and energy show when this 1H candle closed?

When the 1H candle at 15:00 on 27-12-2023 closed, NZDCHF was at 0.53929, down 0.22% from the previous candle (0.54049). Market Energy was -59.3%, down 72.5 points from 13.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

NZDCHF closed at 0.53929, down 0.22% from the previous 1H candle (0.54049). This drop is larger than 93% of past drops on the 1H timeframe for NZDCHF, across 31,055 candles since 2019.

How did NZDCHF Market Energy change from the previous candle?

Market Energy fell 72.5 percentage points from the previous candle — from 13.2% to -59.3%. This is the largest of all drops on the 1H timeframe for NZDCHF on record since 2019.

Do NZDCHF price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was NZDCHF in on the previous 1H candle?

The previous 1H candle had NZDCHF at 13.2%, Neutral — when this candle closed, NZDCHF moved down to a lower zone: Neutral → Bear Bias.

Where does NZDCHF energy sit within the Bear Bias zone?

At -59.3%, NZDCHF is 38.42 points from the upper boundary of Bear Bias (-20.88%) and 0.7 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.

What does Bear Bias mean?

Bear Bias 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 Bias 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 Bias with energy -36%; GER40 (European equities) in Bear Bias with energy -51.4%. Against this backdrop, NZDCHF (Bear Bias, -59.3%) sits in the same state zone as 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 -5%. NZDCHF energy is currently below DXY by 54.3 points.

Real-time Energy Chart

See the real-time energy chart for NZDCHF.

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 NZDCHF on the NZDCHF overview →

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