Analysis

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Price and energy
NZDJPY from 90.601 to 90.382, down 0.24%
Market Energy Bull Extreme 93.8% to Bear Bias -23.7%, down 117.6 pts
Down candle #2 in a rowPrice and energy are in agreement
Volatility · vs history since 2019
Price down 0.24% — higher than 92% of past drops
Energy down 117.6 pts — largest on record (since 2019)
Volatility trend · last 4 candlespriceenergy
0.150.130.010.2444.016.73.4117.6-3-2-1nến này
NZDJPY hub
RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 57,804 1H candles from 2017-05-01 to 2026-08-28
Number of Bear Bias occurrences: 4,360 times

When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,743 times62.9%
  • then NZDJPY moved to lower Market State: 1,617 times37.1%

Current NZDJPY market energy: -23.73%

  • Distance to upper bound of Bear Bias (at -20.88%): 2.85%
  • Distance to lower bound of Bear Bias (at -60%): 36.27%

"A person's history reveals more than you might think" — 2AITRADING

NZDJPY · H1 · 2024-02-07 14:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
93.8%
Bull Extreme
-23.7%
Bear Bias
-41.6%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

NZDJPY processing result: the Bear Bias energy level after the 1H candle closed.

Market trend on the 2AiTrading energy system A -117.6% change from the previous candle, Market Energy is now -23.7% (previous: 93.8%).

Time in Bear 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 -91.6 to +97.2.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What state was NZDJPY on 1H when this candle closed?

When the 1H candle at 21:00 on 07-02-2024 closed, NZDJPY was in Bear Bias with Market Energy -23.7%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 117.6 percentage points from the previous candle — from 93.8% to -23.7%.

What state was NZDJPY in on the previous 1H candle?

The previous 1H candle had NZDJPY at 93.8%, Bull Extreme — when this candle closed, NZDJPY moved down to a lower zone: Bull Extreme → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -23.7%, NZDJPY is 2.85 points from the upper boundary of Bear Bias (-20.88%) and 36.27 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Bull Extreme with energy 88.1%; GER40 (European equities) in Bear Extreme with energy -88.1%. Against this backdrop, NZDJPY (Bear Bias, -23.7%) has higher energy than GER40; lower than SPX500.

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 Bear Bias with Market Energy -27.6%. NZDJPY (Bear Bias) and DXY currently sit on the same Bear 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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