Analysis

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Candle close
Price and energy
NZDJPY from 70.424 to 70.3695, down 0.08%
Market Energy Neutral -3.4% to Neutral -12.4%, down 9.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.07%▲ 0.01%▼ 0.00%▼ 0.08%
Energy▲ 16.6▲ 11.0▲ 5.6▼ 9.1
Volatility trend chart · last 4 sessions
▲ 0.07%▲ 0.01%▼ 0.00%▼ 0.08%▲ 16.6▲ 11.0▲ 5.6▼ 9.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08% — higher than 58% of past drops
0%255075100%
Energy down 9.1 pts — higher than 49% of past drops
RESEARCH

Trend of Neutral NZDJPY 1H

Sample: 58,475 1H candles from 2017-05-01 to 2026-10-07
Number of Neutral occurrences: 4,862 times

▸When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 2,558 times — 52.6%
  • then NZDJPY moved to lower Market State: 2,304 times — 47.4%

▸Current NZDJPY market energy: -12.44%

  • Distance to upper bound of Neutral (at 20.88%): 33.32%
  • Distance to lower bound of Neutral (at -20.88%): 8.44%

"A person's history reveals more than you might think" — 2AITRADING

NZDJPY · H1 · 2020-07-06 20:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-3.4%
Neutral
-12.4%
Neutral
-21.3%
Bear Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

From the just-closed 1H candle data, NZDJPY in the balanced Bull/Bear state.

On the 2AiTrading energy system, Market Energy reading dropped -9.1%, moving from -3.4% to -12.4% after the 1H candle.

Time in Neutral energy zone: 4 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 -94.7 to +96.1.

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 03:00 on 07-07-2020 closed, NZDJPY was at 70.3695, down 0.08% from the previous candle (70.424). Market Energy was -12.4%, down 9.1 points from -3.4%, 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 70.3695, down 0.08% from the previous 1H candle (70.424). This drop is larger than 58% of past drops on the 1H timeframe for NZDJPY, across 9,442 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 9.1 percentage points from the previous candle — from -3.4% to -12.4%. This drop is larger than 49% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved down on this candle. 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 -3.4%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At -12.4%, NZDJPY is 33.32 points from the upper boundary of Neutral (20.88%) and 8.44 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 Bull Bias with energy 54%; GER40 (European equities) in Neutral with energy 6.7%. Against this backdrop, NZDJPY (Neutral, -12.4%) lower 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 -6.2%. NZDJPY energy is currently below DXY by 6.2 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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