Analysis

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Candle close
Price and energy
NZDJPY from 88.3805 to 88.338, down 0.05%
Market Energy Bull Extreme 79.3% to Bull Critical 71.4%, down 7.9 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.22%▼ 0.02%▼ 0.01%▼ 0.05%
Energy▲ 32.8▲ 1.7▼ 3.5▼ 7.9
Volatility trend chart · last 4 sessions
▲ 0.22%▼ 0.02%▼ 0.01%▼ 0.05%▲ 32.8▲ 1.7▼ 3.5▼ 7.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.05% — higher than 38% of past drops
0%255075100%
Energy down 7.9 pts — higher than 46% of past drops
RESEARCH

Trend of Bull Critical NZDJPY 1H

Sample: 58,516 1H candles from 2017-05-01 to 2026-10-09
Number of Bull Critical occurrences: 2,818 times

▸When NZDJPY is in Bull Critical:

  • then NZDJPY moved to higher Market State: 869 times — 30.8%
  • then NZDJPY moved to lower Market State: 1,949 times — 69.2%

▸Current NZDJPY market energy: 71.36%

  • Distance to upper bound of Bull Critical (at 74.5%): 3.14%
  • Distance to lower bound of Bull Critical (at 60%): 11.36%

"To truly understand anything, study its history" — 2AITRADING

NZDJPY · H1 · 2023-06-22 17:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
79.3%
Bull Extreme
71.4%
Bull Critical
70.0%
Bull Critical
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, Result for NZDJPY: the near-peak Bull trend energy zone.

Observing the NZDJPY market this session, Market Energy reading dropped -7.9%, moving from 79.3% to 71.4% after the 1H candle.

Time in Bull 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 -97.7 to +98.

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 23-06-2023 closed, NZDJPY was at 88.338, down 0.05% from the previous candle (88.3805). Market Energy was 71.4%, down 7.9 points from 79.3%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

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

NZDJPY closed at 88.338, down 0.05% from the previous 1H candle (88.3805). This drop is larger than 38% of past drops on the 1H timeframe for NZDJPY, across 27,918 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 7.9 percentage points from the previous candle — from 79.3% to 71.4%. This drop is larger than 46% 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 79.3%, Bull Extreme — when this candle closed, NZDJPY moved down to a lower zone: Bull Extreme → Bull Critical.

Where does NZDJPY energy sit within the Bull Critical zone?

At 71.4%, NZDJPY is 3.14 points from the upper boundary of Bull Critical (74.5%) and 11.36 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.

What does Bull Critical mean?

Bull 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 Bull 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 Bull Bias with energy 50.1%; GER40 (European equities) in Bull Extreme with energy 81.1%. Against this backdrop, NZDJPY (Bull Critical, 71.4%) 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 Extreme with Market Energy 89.2%. NZDJPY (Bull Critical) and DXY currently sit on the same Bull side.

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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