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| Price | ▲ 0.46% | ▼ 0.35% | ▼ 0.40% | ▼ 0.02% |
| Energy | ▲ 28.9 | ▼ 7.9 | ▼ 35.4 | ▼ 5.2 |
Trend of Bear Bias NZDJPY Daily
▸When NZDJPY is in Bear Bias:
- then NZDJPY moved to higher Market State: 207 times — 59.7%
- then NZDJPY moved to lower Market State: 140 times — 40.3%
▸Current NZDJPY market energy: -35.96%
- Distance to upper bound of Bear Bias (at -20.88%): 15.08%
- Distance to lower bound of Bear Bias (at -60%): 24.04%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the system processes the Daily candle, NZDJPY in the Bear Bias level.
End-of-session energy readings on Daily, Compared to the previous candle (-30.8%), Market Energy dropped -5.2% to -36%.
Time in Bear Bias energy zone: 2 Daily 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, NZDJPY Market Energy ranged from -36 to +12.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did NZDJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 16-08-2020 closed, NZDJPY was at 69.724, down 0.02% from the previous candle (69.7395). Market Energy was -36%, down 5.2 points from -30.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did NZDJPY price move on this Daily candle, and how large is that historically?
NZDJPY closed at 69.724, down 0.02% from the previous Daily candle (69.7395). This drop is larger than 3% of past drops on the Daily timeframe for NZDJPY, across 509 candles since 2019.
How did NZDJPY Market Energy change from the previous candle?
Market Energy fell 5.2 percentage points from the previous candle — from -30.8% to -36%. This drop is larger than 32% of past drops on the Daily timeframe for NZDJPY.
Do NZDJPY 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 NZDJPY in on the previous Daily candle?
The previous Daily candle had NZDJPY at -30.8%, Bear Bias — this candle kept the same state, no zone change.
Where does NZDJPY energy sit within the Bear Bias zone?
At -36%, NZDJPY is 15.08 points from the upper boundary of Bear Bias (-20.88%) and 24.04 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Neutral with energy 10.1%; GER40 (European equities) in Bear Bias with energy -33.7%. Against this backdrop, NZDJPY (Bear Bias, -36%) 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 -47.5%. NZDJPY (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for NZDJPY.
Open Energy ChartSee the full 2AiTrading Model data for NZDJPY on the NZDJPY overview →
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