Analysis

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Candle close
Price and energy
NZDJPY from 89.6335 to 89.6415, up 0.01%
Market Energy Neutral 18.0% to Bull Bias 21.3%, up 3.3 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.00%▼ 0.02%▲ 0.09%▲ 0.01%
Energy▼ 5.9▼ 7.6▲ 11.4▲ 3.3
Volatility trend chart · last 4 sessions
▼ 0.00%▼ 0.02%▲ 0.09%▲ 0.01%▼ 5.9▼ 7.6▲ 11.4▲ 3.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.01% — higher than 7% of past rises
0%255075100%
Energy up 3.3 pts — higher than 20% of past rises
RESEARCH

Trend of Bull Bias NZDJPY 1H

Sample: 58,501 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Bias occurrences: 4,693 times

▸When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 1,864 times — 39.7%
  • then NZDJPY moved to lower Market State: 2,829 times — 60.3%

▸Current NZDJPY market energy: 21.26%

  • Distance to upper bound of Bull Bias (at 60%): 38.74%
  • Distance to lower bound of Bull Bias (at 20.88%): 0.38%

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

NZDJPY · H1 · 2023-11-21 12:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
18.0%
Neutral
21.3%
Bull Bias
-27.5%
Bear Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Observing the completed 1H candle, Result for NZDJPY: the energy zone leaning Bull.

Per the 2AI model, Market Energy reading rose +3.3%, moving from 18% to 21.3% after the 1H candle.

Time in Bull Bias 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 -99.1 to +82.3.

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 19:00 on 21-11-2023 closed, NZDJPY was at 89.6415, up 0.01% from the previous candle (89.6335). Market Energy was 21.3%, up 3.3 points from 18%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

NZDJPY closed at 89.6415, up 0.01% from the previous 1H candle (89.6335). This rise is larger than 7% of past rises on the 1H timeframe for NZDJPY, across 30,504 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 3.3 percentage points from the previous candle — from 18% to 21.3%. This rise is larger than 20% 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 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 18%, Neutral — when this candle closed, NZDJPY moved up to a higher zone: Neutral → Bull Bias.

Where does NZDJPY energy sit within the Bull Bias zone?

At 21.3%, NZDJPY is 38.74 points from the upper boundary of Bull Bias (60%) and 0.38 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull Bias 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 Bias 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 -76.7%; GER40 (European equities) in Bear Bias with energy -24.2%. Against this backdrop, NZDJPY (Bull Bias, 21.3%) has higher energy 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 Bias with Market Energy 45.4%. NZDJPY (Bull Bias) 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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