Analysis

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Candle close
Price and energy
NZDJPY from 75.004 to 74.9905, down 0.02%
Market Energy Bull Bias 22.7% to Neutral 10.8%, down 11.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.01%▼ 0.07%▲ 0.04%▼ 0.02%
Energy▼ 8.1▼ 20.8▼ 4.6▼ 11.9
Volatility trend chart · last 4 sessions
▼ 0.01%▼ 0.07%▲ 0.04%▼ 0.02%▼ 8.1▼ 20.8▼ 4.6▼ 11.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.02% — higher than 17% of past drops
0%255075100%
Energy down 11.9 pts — higher than 59% 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: 10.82%

  • Distance to upper bound of Neutral (at 20.88%): 10.06%
  • Distance to lower bound of Neutral (at -20.88%): 31.7%

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

NZDJPY · H1 · 2021-01-26 23:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
22.7%
Bull Bias
10.8%
Neutral
20.3%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the system processes the 1H candle, NZDJPY noted at the neutral energy state.

Per the 2AiTrading energy measurement system, Market Energy moved from 22.7% to 10.8%, down -11.9% 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 -85.4 to +100.

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 06:00 on 27-01-2021 closed, NZDJPY was at 74.9905, down 0.02% from the previous candle (75.004). Market Energy was 10.8%, down 11.9 points from 22.7%, 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 74.9905, down 0.02% from the previous 1H candle (75.004). This drop is larger than 17% of past drops on the 1H timeframe for NZDJPY, across 12,900 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 11.9 percentage points from the previous candle — from 22.7% to 10.8%. This drop is larger than 59% 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 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 22.7%, Bull Bias — when this candle closed, NZDJPY moved down to a lower zone: Bull Bias → Neutral.

Where does NZDJPY energy sit within the Neutral zone?

At 10.8%, NZDJPY is 10.06 points from the upper boundary of Neutral (20.88%) and 31.7 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 Bias with energy -42.5%; GER40 (European equities) in Neutral with energy 6.2%. Against this backdrop, NZDJPY (Neutral, 10.8%) 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 Bear Bias with Market Energy -46.5%. NZDJPY energy is currently above DXY by 57.3 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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