Analysis

·

Candle close
Price and energy
NZDJPY from 84.8745 to 84.836, down 0.05%
Market Energy Neutral 14.0% to Neutral 5.1%, down 8.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.05%▼ 0.06%▲ 0.00%▼ 0.05%
Energy▼ 17.2▼ 18.2▼ 4.9▼ 8.8
Volatility trend chart · last 4 sessions
▼ 0.05%▼ 0.06%▲ 0.00%▼ 0.05%▼ 17.2▼ 18.2▼ 4.9▼ 8.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.05% — higher than 36% of past drops
0%255075100%
Energy down 8.8 pts — higher than 49% of past drops
RESEARCH

Trend of Neutral NZDJPY 1H

Sample: 58,523 1H candles from 2017-05-01 to 2026-10-09
Number of Neutral occurrences: 4,867 times

▸When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 2,561 times — 52.6%
  • then NZDJPY moved to lower Market State: 2,306 times — 47.4%

▸Current NZDJPY market energy: 5.13%

  • Distance to upper bound of Neutral (at 20.88%): 15.75%
  • Distance to lower bound of Neutral (at -20.88%): 26.01%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

NZDJPY · H1 · 2023-06-05 11:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
14.0%
Neutral
5.1%
Neutral
17.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

With the 1H candle just closed, Market NZDJPY in the Neutral state.

End-of-session energy readings on 1H, Market Energy at 5.1%, down -8.8% from 14% in the previous candle.

Time in Neutral energy zone: 3 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 -54.1 to +97.2.

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 05-06-2023 closed, NZDJPY was at 84.836, down 0.05% from the previous candle (84.8745). Market Energy was 5.1%, down 8.8 points from 14%, 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 84.836, down 0.05% from the previous 1H candle (84.8745). This drop is larger than 36% of past drops on the 1H timeframe for NZDJPY, across 27,601 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 8.8 percentage points from the previous candle — from 14% to 5.1%. This drop is larger than 49% 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 14%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At 5.1%, NZDJPY is 15.75 points from the upper boundary of Neutral (20.88%) and 26.01 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 Bias with energy 49%; GER40 (European equities) in Neutral with energy 11.5%. Against this backdrop, NZDJPY (Neutral, 5.1%) lower 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 Bull Bias with Market Energy 48.8%. NZDJPY energy is currently below DXY by 43.7 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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