Analysis

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Candle close
Price and energy
NZDJPY from 77.192 to 77.1315, down 0.08%
Market Energy Neutral 17.6% to Neutral 14.8%, down 2.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.07%▼ 0.04%▲ 0.16%▼ 0.08%
Energy▼ 5.3▼ 5.3▲ 13.3▼ 2.7
Volatility trend chart · last 4 sessions
▲ 0.07%▼ 0.04%▲ 0.16%▼ 0.08%▼ 5.3▼ 5.3▲ 13.3▼ 2.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08% — higher than 60% of past drops
0%255075100%
Energy down 2.7 pts — higher than 19% of past drops
RESEARCH

Trend of Neutral NZDJPY 1H

Sample: 58,499 1H candles from 2017-05-01 to 2026-10-08
Number of Neutral occurrences: 4,864 times

▸When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 2,559 times — 52.6%
  • then NZDJPY moved to lower Market State: 2,305 times — 47.4%

▸Current NZDJPY market energy: 14.83%

  • Distance to upper bound of Neutral (at 20.88%): 6.05%
  • Distance to lower bound of Neutral (at -20.88%): 35.71%

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

NZDJPY · H1 · 2021-07-23 17:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
17.6%
Neutral
14.8%
Neutral
15.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Measurement result after the 1H candle closes, Market Energy of NZDJPY indicates the Neutral state.

Meanwhile, Market trend energy recorded a -2.7% drop from the previous candle, from 17.6% to 14.8%.

Time in Neutral energy zone: 5 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 -95.2 to +98.7.

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 00:00 on 24-07-2021 closed, NZDJPY was at 77.1315, down 0.08% from the previous candle (77.192). Market Energy was 14.8%, down 2.7 points from 17.6%, 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 77.1315, down 0.08% from the previous 1H candle (77.192). This drop is larger than 60% of past drops on the 1H timeframe for NZDJPY, across 15,967 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 2.7 percentage points from the previous candle — from 17.6% to 14.8%. This drop is larger than 19% 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 17.6%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At 14.8%, NZDJPY is 6.05 points from the upper boundary of Neutral (20.88%) and 35.71 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 Bull Extreme with energy 93.8%; GER40 (European equities) in Bull Critical with energy 65.4%. Against this backdrop, NZDJPY (Neutral, 14.8%) 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 Neutral with Market Energy 0.3%. NZDJPY energy is currently above DXY by 14.5 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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