Analysis

·

Candle close
Price and energy
NZDJPY from 91.392 to 90.997, down 0.43%
Market Energy Bull Bias 46.5% to Bear Critical -65.2%, down 111.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.17%▲ 0.01%▲ 0.02%▼ 0.43%
Energy▲ 41.6▲ 0.8▼ 12.9▼ 111.7
Volatility trend chart · last 4 sessions
▲ 0.17%▲ 0.01%▲ 0.02%▼ 0.43%▲ 41.6▲ 0.8▼ 12.9▼ 111.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.43% — higher than 98% of past drops
0%255075100%
Energy down 111.7 pts — higher than 99% of past drops
RESEARCH

Trend of Bear Critical NZDJPY 1H

Sample: 58,456 1H candles from 2017-05-01 to 2026-10-07
Number of Bear Critical occurrences: 2,578 times

▸When NZDJPY is in Bear Critical:

  • then NZDJPY moved to higher Market State: 1,848 times — 71.7%
  • then NZDJPY moved to lower Market State: 730 times — 28.3%

▸Current NZDJPY market energy: -65.2%

  • Distance to upper bound of Bear Critical (at -60%): 5.2%
  • Distance to lower bound of Bear Critical (at -74.5%): 9.3%

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

NZDJPY · H1 · 2024-10-01 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
46.5%
Bull Bias
-65.2%
Bear Critical
-91.2%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Following the completion of the 1H candle, NZDJPY noted at the near-peak Bear energy state.

Per the 2AiTrading energy measurement system, Market Energy dropped -111.7% from the previous candle, from 46.5% to -65.2%.

Time in Bear 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 -99.7 to +96.9.

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 14:00 on 01-10-2024 closed, NZDJPY was at 90.997, down 0.43% from the previous candle (91.392). Market Energy was -65.2%, down 111.7 points from 46.5%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

NZDJPY closed at 90.997, down 0.43% from the previous 1H candle (91.392). This drop is larger than 98% of past drops on the 1H timeframe for NZDJPY, across 35,852 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 111.7 percentage points from the previous candle — from 46.5% to -65.2%. This drop is larger than 99% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved down on this candle. 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 46.5%, Bull Bias — when this candle closed, NZDJPY moved down to a lower zone: Bull Bias → Bear Critical.

Where does NZDJPY energy sit within the Bear Critical zone?

At -65.2%, NZDJPY is 5.2 points from the upper boundary of Bear Critical (-60%) and 9.3 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bear Critical mean?

Bear 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 Bear 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 50.7%; GER40 (European equities) in Bull Bias with energy 45%. Against this backdrop, NZDJPY (Bear Critical, -65.2%) lower 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 Extreme with Market Energy 86.7%. NZDJPY (Bear Critical) and DXY currently sit on opposite sides.

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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