Analysis

·

Candle close
Price and energy
NZDJPY from 91.0905 to 91.1455, up 0.06%
Market Energy Bear Bias -53.1% to Bear Bias -36.0%, up 17.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.01%▼ 0.08%▼ 0.01%▲ 0.06%
Energy▼ 8.0▼ 8.9▲ 0.3▲ 17.1
Volatility trend chart · last 4 sessions
▼ 0.01%▼ 0.08%▼ 0.01%▲ 0.06%▼ 8.0▼ 8.9▲ 0.3▲ 17.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.06% — higher than 46% of past rises
0%255075100%
Energy up 17.1 pts — higher than 70% of past rises
RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 58,482 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Bias occurrences: 4,422 times

▸When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,775 times — 62.8%
  • then NZDJPY moved to lower Market State: 1,647 times — 37.2%

▸Current NZDJPY market energy: -36.02%

  • Distance to upper bound of Bear Bias (at -20.88%): 15.14%
  • Distance to lower bound of Bear Bias (at -60%): 23.98%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NZDJPY · H1 · 2024-11-21 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-53.1%
Bear Bias
-36.0%
Bear Bias
-37.3%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Reading from the 1H candle, NZDJPY reflects the energy state tilted toward Bear.

Per the 2AiTrading energy measurement system, Market Energy at -36%, up +17.1% from -53.1% in the previous candle.

Time in Bear Bias energy zone: 13 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 -86.6 to +97.9.

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 11:00 on 21-11-2024 closed, NZDJPY was at 91.1455, up 0.06% from the previous candle (91.0905). Market Energy was -36%, up 17.1 points from -53.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

NZDJPY closed at 91.1455, up 0.06% from the previous 1H candle (91.0905). This rise is larger than 46% of past rises on the 1H timeframe for NZDJPY, across 36,736 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 17.1 percentage points from the previous candle — from -53.1% to -36%. This rise is larger than 70% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving up 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 -53.1%, Bear Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Bias zone?

At -36%, NZDJPY is 15.14 points from the upper boundary of Bear Bias (-20.88%) and 23.98 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 Bias with energy 23.5%; GER40 (European equities) in Neutral with energy 3.7%. Against this backdrop, NZDJPY (Bear Bias, -36%) 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 Neutral with Market Energy 13.7%. NZDJPY energy is currently below DXY by 49.7 points.

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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