Analysis

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Candle close
Price and energy
NZDJPY from 73.128 to 73.4155, up 0.39%
Market Energy Bear Extreme -76.2% to Neutral 17.7%, up 93.8 pts
Up candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.33%▲ 0.01%▲ 0.07%▲ 0.39%
Energy▲ 5.5▲ 9.0▲ 9.3▲ 93.8
Volatility trend chart · last 4 sessions
▲ 0.33%▲ 0.01%▲ 0.07%▲ 0.39%▲ 5.5▲ 9.0▲ 9.3▲ 93.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.39% — higher than 99% of past rises
0%255075100%
Energy up 93.8 pts — higher than 99% of past rises
RESEARCH

Trend of Neutral NZDJPY 1H

Sample: 58,499 1H candles from 2017-05-01 to 2026-10-08
Number of Neutral occurrences: 4,864 times

▸When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 2,559 times — 52.6%
  • then NZDJPY moved to lower Market State: 2,305 times — 47.4%

▸Current NZDJPY market energy: 17.68%

  • Distance to upper bound of Neutral (at 20.88%): 3.2%
  • Distance to lower bound of Neutral (at -20.88%): 38.56%

"To truly understand anything, study its history" — 2AITRADING

NZDJPY · H1 · 2019-05-06 04:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-76.2%
Bear Extreme
17.7%
Neutral
42.0%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

NZDJPY classified into the Neutral level after the 1H candle completed.

Looking at the Market Energy reading, Market Energy moved from -76.2% to 17.7%, up +93.8% from the previous candle.

Time in Neutral 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, NZDJPY Market Energy ranged from -100 to +89.7.

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 1H candle closed?

When the 1H candle at 11:00 on 06-05-2019 closed, NZDJPY was at 73.4155, up 0.39% from the previous candle (73.128). Market Energy was 17.7%, up 93.8 points from -76.2%, 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 1H candle, and how large is that historically?

NZDJPY closed at 73.4155, up 0.39% from the previous 1H candle (73.128). This rise is larger than 99% of past rises on the 1H timeframe for NZDJPY, across 2,126 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 93.8 percentage points from the previous candle — from -76.2% to 17.7%. This rise is larger than 99% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving up 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 1H candle?

The previous 1H candle had NZDJPY at -76.2%, Bear Extreme — when this candle closed, NZDJPY moved up to a higher zone: Bear Extreme → Neutral.

Where does NZDJPY energy sit within the Neutral zone?

At 17.7%, NZDJPY is 3.2 points from the upper boundary of Neutral (20.88%) and 38.56 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 Bear Extreme with energy -75.1%; GER40 (European equities) in Bull Extreme with energy 92.4%. Against this backdrop, NZDJPY (Neutral, 17.7%) has higher energy than SPX500; lower than 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 Critical with Market Energy -60.8%. NZDJPY energy is currently above DXY by 78.5 points.

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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