Analysis

·

Candle close
Price and energy
NZDJPY from 78.1155 to 78.095, down 0.03%
Market Energy Bear Critical -67.7% to Bear Critical -62.1%, up 5.6 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.02%▲ 0.00%▲ 0.09%▼ 0.03%
Energy▲ 3.2▲ 1.4▲ 13.5▲ 5.6
Volatility trend chart · last 4 sessions
▼ 0.02%▲ 0.00%▲ 0.09%▼ 0.03%▲ 3.2▲ 1.4▲ 13.5▲ 5.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.03% — higher than 24% of past drops
0%255075100%
Energy up 5.6 pts — higher than 32% of past rises
RESEARCH

Trend of Bear Critical NZDJPY 1H

Sample: 58,480 1H candles from 2017-05-01 to 2026-10-08
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: -62.06%

  • Distance to upper bound of Bear Critical (at -60%): 2.06%
  • Distance to lower bound of Bear Critical (at -74.5%): 12.44%

"Why does archaeology matter?" — 2AITRADING

NZDJPY · H1 · 2021-05-23 21:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-67.7%
Bear Critical
-62.1%
Bear Critical
-54.3%
Bear Bias
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

From the just-closed 1H candle data, NZDJPY noted at Bear Critical.

On the energy side, Market Energy moved from -67.7% to -62.1%, up +5.6% from the previous candle.

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 -96.9 to +93.4.

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 04:00 on 24-05-2021 closed, NZDJPY was at 78.095, down 0.03% from the previous candle (78.1155). Market Energy was -62.1%, up 5.6 points from -67.7%, 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 78.095, down 0.03% from the previous 1H candle (78.1155). This drop is larger than 24% of past drops on the 1H timeframe for NZDJPY, across 14,891 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 5.6 percentage points from the previous candle — from -67.7% to -62.1%. This rise is larger than 32% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

No. This candle recorded a price decline with energy moving the other 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 -67.7%, Bear Critical — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Critical zone?

At -62.1%, NZDJPY is 2.06 points from the upper boundary of Bear Critical (-60%) and 12.44 points from the lower boundary (-74.5%) — so energy sits closer to the upper 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 Bias with energy -53.7%; GER40 (European equities) in Bull Bias with energy 29%. Against this backdrop, NZDJPY (Bear Critical, -62.1%) 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 Critical with Market Energy 62.5%. 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 .