Analysis

·

Candle close
Price and energy
NZDJPY from 72.487 to 72.39, down 0.13%
Market Energy Neutral 20.7% to Bear Bias -22.6%, down 43.3 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.16%▼ 0.15%▲ 0.03%▼ 0.13%
Energy▲ 28.2▼ 14.6▼ 7.8▼ 43.3
Volatility trend chart · last 4 sessions
▲ 0.16%▼ 0.15%▲ 0.03%▼ 0.13%▲ 28.2▼ 14.6▼ 7.8▼ 43.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.13% — higher than 84% of past drops
0%255075100%
Energy down 43.3 pts — higher than 92% of past drops
RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 58,506 1H candles from 2017-05-01 to 2026-10-09
Number of Bear Bias occurrences: 4,424 times

▸When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,777 times — 62.8%
  • then NZDJPY moved to lower Market State: 1,647 times — 37.2%

▸Current NZDJPY market energy: -22.57%

  • Distance to upper bound of Bear Bias (at -20.88%): 1.69%
  • Distance to lower bound of Bear Bias (at -60%): 37.43%

"Let data guide you, but never trust it completely" — 2AITRADING

NZDJPY · H1 · 2020-01-24 14:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
20.7%
Neutral
-22.6%
Bear Bias
-46.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

The energy zone tilted toward Bear recorded from just-completed 1H candle data for NZDJPY.

On the measurement side, Market Energy dropped -43.3% this candle, currently -22.6% (previous candle 20.7%).

Time in Bear Bias 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 -94.1 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 21:00 on 24-01-2020 closed, NZDJPY was at 72.39, down 0.13% from the previous candle (72.487). Market Energy was -22.6%, down 43.3 points from 20.7%, 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 1H candle, and how large is that historically?

NZDJPY closed at 72.39, down 0.13% from the previous 1H candle (72.487). This drop is larger than 84% of past drops on the 1H timeframe for NZDJPY, across 6,644 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 43.3 percentage points from the previous candle — from 20.7% to -22.6%. This drop is larger than 92% of past drops on the 1H 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 1H candle?

The previous 1H candle had NZDJPY at 20.7%, Neutral — when this candle closed, NZDJPY moved down to a lower zone: Neutral → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -22.6%, NZDJPY is 1.69 points from the upper boundary of Bear Bias (-20.88%) and 37.43 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 -12%; GER40 (European equities) in Bull Extreme with energy 84.6%. Against this backdrop, NZDJPY (Bear Bias, -22.6%) 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 Bull Bias with Market Energy 53.5%. NZDJPY (Bear Bias) and DXY currently sit on opposite sides.

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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