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| Price | ▼ 0.67% | ▼ 0.20% | ▼ 0.09% | ▼ 0.34% |
| Energy | ▼ 25.6 | ▼ 16.6 | ▲ 2.7 | ▼ 18.1 |
Trend of Neutral NZDJPY Daily
▸When NZDJPY is in Neutral:
- then NZDJPY moved to higher Market State: 184 times — 53.3%
- then NZDJPY moved to lower Market State: 161 times — 46.7%
▸Current NZDJPY market energy: -3.27%
- Distance to upper bound of Neutral (at 20.88%): 24.15%
- Distance to lower bound of Neutral (at -20.88%): 17.61%
"Does history really repeat itself?" — 2AITRADING
Once measurement on the Daily timeframe completes, NZDJPY in the neutral energy level between Bull and Bear.
Market trend energy Market Energy moved from 14.9% to -3.3%, down -18.1% from the previous candle.
Time in Neutral energy zone: 3 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 -3.3 to +54.3.
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 20-07-2023 closed, NZDJPY was at 87.138, down 0.34% from the previous candle (87.4315). Market Energy was -3.3%, down 18.1 points from 14.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did NZDJPY price move on this Daily candle, and how large is that historically?
NZDJPY closed at 87.138, down 0.34% from the previous Daily candle (87.4315). This drop is larger than 50% of past drops on the Daily timeframe for NZDJPY, across 1,422 candles since 2019.
How did NZDJPY Market Energy change from the previous candle?
Market Energy fell 18.1 percentage points from the previous candle — from 14.9% to -3.3%. This drop is larger than 67% 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 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 14.9%, Neutral — this candle kept the same state, no zone change.
Where does NZDJPY energy sit within the Neutral zone?
At -3.3%, NZDJPY is 24.15 points from the upper boundary of Neutral (20.88%) and 17.61 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -25.5%; GER40 (European equities) in Neutral with energy -15.2%. Against this backdrop, NZDJPY (Neutral, -3.3%) has higher energy 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 Neutral with Market Energy 7.2%. NZDJPY energy is currently below DXY by 10.4 points.
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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