Analysis

·

Candle close
Price and energy
NZDJPY from 77.368 to 77.421, up 0.07%
Market Energy Bear Extreme -88.6% to Bear Extreme -80.8%, up 7.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.03%▼ 0.27%▼ 0.28%▲ 0.07%
Energy▲ 10.4▼ 87.2▼ 29.3▲ 7.8
Volatility trend chart · last 4 sessions
▲ 0.03%▼ 0.27%▼ 0.28%▲ 0.07%▲ 10.4▼ 87.2▼ 29.3▲ 7.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.07% — higher than 53% of past rises
0%255075100%
Energy up 7.8 pts — higher than 43% of past rises
RESEARCH

Trend of Bear Extreme NZDJPY 1H

Sample: 58,483 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Extreme occurrences: 1,827 times

▸When NZDJPY is in Bear Extreme:

  • then NZDJPY moved to higher Market State: 1,827 times — 100%
  • then NZDJPY moved to lower Market State: 0 times — 0%

▸Current NZDJPY market energy: -80.82%

  • Distance to upper bound of Bear Extreme (at -74.5%): 6.32%
  • Distance to bottom -100%: 19.18%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NZDJPY · H1 · 2021-09-17 15:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-88.6%
Bear Extreme
-80.8%
Bear Extreme
-73.5%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

With the 1H candle just closed, NZDJPY classified as the peak Bear energy state.

Observing the NZDJPY market this session, Energy delta +7.8%: Market Energy at -80.8%, previously -88.6%.

Time in Bear Extreme energy zone: 2 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 +81.3.

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 22:00 on 17-09-2021 closed, NZDJPY was at 77.421, up 0.07% from the previous candle (77.368). Market Energy was -80.8%, up 7.8 points from -88.6%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

NZDJPY closed at 77.421, up 0.07% from the previous 1H candle (77.368). This rise is larger than 53% of past rises on the 1H timeframe for NZDJPY, across 16,925 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 7.8 percentage points from the previous candle — from -88.6% to -80.8%. This rise is larger than 43% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. On this candle price rose and energy rose — 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 -88.6%, Bear Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Extreme zone?

At -80.8%, NZDJPY is 6.32 points from the upper boundary of Bear Extreme (-74.5%) and 19.18 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 -88.8%; GER40 (European equities) in Bear Extreme with energy -85%. Against this backdrop, NZDJPY (Bear Extreme, -80.8%) sits in the same state zone as 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 Extreme with Market Energy 98.3%. NZDJPY (Bear Extreme) 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 →

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