Analysis

·

Candle close
Price and energy
NZDJPY from 78.3695 to 78.2415, down 0.16%
Market Energy Neutral -4.2% to Bear Critical -71.8%, down 67.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.06%▲ 0.02%▲ 0.03%▼ 0.16%
Energy▼ 27.7▲ 1.5▲ 22.3▼ 67.6
Volatility trend chart · last 4 sessions
▼ 0.06%▲ 0.02%▲ 0.03%▼ 0.16%▼ 27.7▲ 1.5▲ 22.3▼ 67.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.16% — higher than 84% of past drops
0%255075100%
Energy down 67.6 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Critical NZDJPY 1H

Sample: 58,504 1H candles from 2017-05-01 to 2026-10-09
Number of Bear Critical occurrences: 2,580 times

▸When NZDJPY is in Bear Critical:

  • then NZDJPY moved to higher Market State: 1,850 times — 71.7%
  • then NZDJPY moved to lower Market State: 730 times — 28.3%

▸Current NZDJPY market energy: -71.81%

  • Distance to upper bound of Bear Critical (at -60%): 11.81%
  • Distance to lower bound of Bear Critical (at -74.5%): 2.69%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H1 · 2021-03-17 11:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-4.2%
Neutral
-71.8%
Bear Critical
-65.1%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Observing the completed 1H candle, NZDJPY within Bear Critical.

Per the 2AI model, Market Energy dropped -67.6% from the previous candle, from -4.2% to -71.8%.

Time in Bear Critical 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 -96 to +90.3.

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 18:00 on 17-03-2021 closed, NZDJPY was at 78.2415, down 0.16% from the previous candle (78.3695). Market Energy was -71.8%, down 67.6 points from -4.2%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did NZDJPY price move on this 1H candle, and how large is that historically?

NZDJPY closed at 78.2415, down 0.16% from the previous 1H candle (78.3695). This drop is larger than 84% of past drops on the 1H timeframe for NZDJPY, across 13,753 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 67.6 percentage points from the previous candle — from -4.2% to -71.8%. This drop is larger than 96% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 -4.2%, Neutral — when this candle closed, NZDJPY moved down to a lower zone: Neutral → Bear Critical.

Where does NZDJPY energy sit within the Bear Critical zone?

At -71.8%, NZDJPY is 11.81 points from the upper boundary of Bear Critical (-60%) and 2.69 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 -91%; GER40 (European equities) in Bull Bias with energy 37.6%. Against this backdrop, NZDJPY (Bear Critical, -71.8%) 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 Bull Critical with Market Energy 63.1%. NZDJPY (Bear Critical) 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 →

To jump to a symbol you're interested in, click .