Analysis

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Candle open
Price and energy
NZDJPY from 82.971 to 81.265, down 2.06%
Market Energy Neutral -20.2% to Bear Bias -42.7%, down 22.5 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.43%▼ 1.56%▼ 0.20%▼ 2.06%
Energy▲ 11.4▼ 16.2▼ 0.0▼ 22.5
Volatility trend chart · last 4 sessions
▲ 0.43%▼ 1.56%▼ 0.20%▼ 2.06%▲ 11.4▼ 16.2▼ 0.0▼ 22.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 2.06% — higher than 85% of past drops
0%255075100%
Energy down 22.5 pts — higher than 74% of past drops
RESEARCH

Trend of Bear Bias NZDJPY Weekly

Sample: 718 Weekly candles from 2016-04-21 to 2026-09-28
Number of Bear Bias occurrences: 61 times

▸When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 40 times — 65.6%
  • then NZDJPY moved to lower Market State: 21 times — 34.4%

▸Current NZDJPY market energy: -42.65%

  • Distance to upper bound of Bear Bias (at -20.88%): 21.77%
  • Distance to lower bound of Bear Bias (at -60%): 17.35%

"History always repeats itself, one way or another" — 2AITRADING

NZDJPY · W1 · 2023-03-20 00:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-20.2%
Neutral
-42.7%
Bear Bias
-24.7%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

NZDJPY processing result: the Bear Bias level after the Weekly candle closed.

Market trend on the 2AiTrading energy system Market Energy dropped -22.5% from the previous session, from -20.2% to -42.7%.

Time in Bear Bias energy zone: 1 Weekly 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

Not enough data in the past 5 days to show a range.

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 Weekly candle closed?

When the Weekly candle at 07:00 on 20-03-2023 closed, NZDJPY was at 81.265, down 2.06% from the previous candle (82.971). Market Energy was -42.7%, down 22.5 points from -20.2%, 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 Weekly candle, and how large is that historically?

NZDJPY closed at 81.265, down 2.06% from the previous Weekly candle (82.971). This drop is larger than 85% of past drops on the Weekly timeframe for NZDJPY, across 255 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 22.5 percentage points from the previous candle — from -20.2% to -42.7%. This drop is larger than 74% of past drops on the Weekly timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving down 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 Weekly candle?

The previous Weekly candle had NZDJPY at -20.2%, Neutral — when this candle closed, NZDJPY moved down to a lower zone: Neutral → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -42.7%, NZDJPY is 21.77 points from the upper boundary of Bear Bias (-20.88%) and 17.35 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Neutral with energy 12.1%; GER40 (European equities) in Neutral with energy 10.8%. Against this backdrop, NZDJPY (Bear Bias, -42.7%) 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 Bear Critical with Market Energy -61.7%. 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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