Analysis

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Candle open
Price and energy
NZDJPY from 85.4235 to 84.639, down 0.92%
Market Energy Bull Critical 60.2% to Bear Bias -30.6%, down 90.8 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.53%▲ 0.17%▼ 0.38%▼ 0.92%
Energy▲ 11.4▲ 13.2▼ 17.7▼ 90.8
Volatility trend chart · last 4 sessions
▲ 0.53%▲ 0.17%▼ 0.38%▼ 0.92%▲ 11.4▲ 13.2▼ 17.7▼ 90.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.92% — higher than 87% of past drops
0%255075100%
Energy down 90.8 pts — higher than 98% of past drops
RESEARCH

Trend of Bear Bias NZDJPY Daily

Sample: 4,036 Daily candles from 2013-01-02 to 2026-10-08
Number of Bear Bias occurrences: 347 times

▸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: -30.58%

  • Distance to upper bound of Bear Bias (at -20.88%): 9.7%
  • Distance to lower bound of Bear Bias (at -60%): 29.42%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · D1 · 2023-05-11 00:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
60.2%
Bull Critical
-30.6%
Bear Bias
-75.8%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the Daily data updates, NZDJPY shows the Market Energy zone leaning Bear.

On the measurement side, Compared to the previous candle (60.2%), Market Energy dropped -90.8% to -30.6%.

Time in Bear Bias energy zone: 1 Daily 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, NZDJPY Market Energy ranged from -30.6 to +77.9.

Knowledge

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

Frequently asked questions

What did NZDJPY price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 11-05-2023 closed, NZDJPY was at 84.639, down 0.92% from the previous candle (85.4235). Market Energy was -30.6%, down 90.8 points from 60.2%, 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 84.639, down 0.92% from the previous Daily candle (85.4235). This drop is larger than 87% of past drops on the Daily timeframe for NZDJPY, across 1,362 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 90.8 percentage points from the previous candle — from 60.2% to -30.6%. This drop is larger than 98% of past drops on the Daily timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was NZDJPY in on the previous Daily candle?

The previous Daily candle had NZDJPY at 60.2%, Bull Critical — when this candle closed, NZDJPY moved down to a lower zone: Bull Critical → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -30.6%, NZDJPY is 9.7 points from the upper boundary of Bear Bias (-20.88%) and 29.42 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 Bull Bias with energy 48.4%; GER40 (European equities) in Neutral with energy 18.1%. Against this backdrop, NZDJPY (Bear Bias, -30.6%) 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 Bear Bias with Market Energy -52.8%. NZDJPY (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for NZDJPY.

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 NZDJPY on the NZDJPY overview →

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