Analysis

·

Candle close
Price and energy
NZDJPY from 68.6695 to 68.6925, up 0.03%
Market Energy Neutral 11.2% to Neutral 3.3%, down 7.9 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 0.03%▼ 0.08%▼ 0.12%▲ 0.03%
Energy▼ 0.9▼ 12.0▼ 24.1▼ 7.9
Volatility trend chart · last 4 sessions
▲ 0.03%▼ 0.08%▼ 0.12%▲ 0.03%▼ 0.9▼ 12.0▼ 24.1▼ 7.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.03% — higher than 36% of past rises
0%255075100%
Energy down 7.9 pts — higher than 45% of past drops
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: 3.34%

  • Distance to upper bound of Neutral (at 20.88%): 17.54%
  • Distance to lower bound of Neutral (at -20.88%): 24.22%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H1 · 2019-08-09 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
11.2%
Neutral
3.3%
Neutral
-12.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle completes, Result for NZDJPY: neutral trend energy.

End-of-session update for 1H, Market Energy dropped -7.9% from the previous candle, from 11.2% to 3.3%.

Time in Neutral energy zone: 2 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 -99.4 to +94.5.

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 16:00 on 09-08-2019 closed, NZDJPY was at 68.6925, up 0.03% from the previous candle (68.6695). Market Energy was 3.3%, down 7.9 points from 11.2%, 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 68.6925, up 0.03% from the previous 1H candle (68.6695). This rise is larger than 36% of past rises on the 1H timeframe for NZDJPY, across 3,794 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 7.9 percentage points from the previous candle — from 11.2% to 3.3%. This drop is larger than 45% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

No. On this candle price rose but energy fell — the two moved in opposite directions. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had NZDJPY at 11.2%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At 3.3%, NZDJPY is 17.54 points from the upper boundary of Neutral (20.88%) and 24.22 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 Neutral with energy -15.9%; GER40 (European equities) in Bear Critical with energy -63.8%. Against this backdrop, NZDJPY (Neutral, 3.3%) has higher energy than GER40; sits in the same state zone as SPX500.

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 -22.7%. NZDJPY energy is currently above DXY by 26.1 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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