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Trend of Neutral NZDJPY 1H
▸When NZDJPY is in Neutral:
- then NZDJPY moved to higher Market State: 2,532 times — 52.7%
- then NZDJPY moved to lower Market State: 2,275 times — 47.3%
▸Current NZDJPY market energy: -6.56%
- Distance to upper bound of Neutral (at 20.88%): 27.44%
- Distance to lower bound of Neutral (at -20.88%): 14.32%
"History always repeats itself, one way or another" — 2AITRADING
As the 1H candle closes, NZDJPY in trend energy in a neutral state.
Looking at the energy level, Energy delta -41.7%: Market Energy at -6.6%, previously 35.1%.
Time in Neutral energy zone: 1 1H Candle
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.
Over the past 5 days, NZDJPY Market Energy ranged from -99.9 to +92.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was NZDJPY on 1H when this candle closed?
When the 1H candle at 21:00 on 01-03-2024 closed, NZDJPY was in Neutral with Market Energy -6.6%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did NZDJPY Market Energy change from the previous candle?
Market Energy fell 41.7 percentage points from the previous candle — from 35.1% to -6.6%.
What state was NZDJPY in on the previous 1H candle?
The previous 1H candle had NZDJPY at 35.1%, Bull Bias — when this candle closed, NZDJPY moved down to a lower zone: Bull Bias → Neutral.
Where does NZDJPY energy sit within the Neutral zone?
At -6.6%, NZDJPY is 27.44 points from the upper boundary of Neutral (20.88%) and 14.32 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Neutral with energy -17%; GER40 (European equities) in Bear Extreme with energy -79.2%. Against this backdrop, NZDJPY (Neutral, -6.6%) has higher energy than GER40; sits in the same state zone as 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 Bull Extreme with Market Energy 82.5%. NZDJPY energy is currently below DXY by 89 points.
See the real-time energy chart for NZDJPY.
Open Energy ChartSee the full 2AiTrading Model data for NZDJPY on the NZDJPY overview →
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