Analysis

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Candle close
Price and energy
NZDUSD from 0.62514 to 0.62432, down 0.13%
Market Energy Neutral 10.3% to Bear Bias -24.0%, down 34.4 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.10%▲ 0.02%▼ 0.01%▼ 0.13%
Energy▼ 29.1▲ 14.9▼ 2.1▼ 34.4
Volatility trend chart · last 4 sessions
▼ 0.10%▲ 0.02%▼ 0.01%▼ 0.13%▼ 29.1▲ 14.9▼ 2.1▼ 34.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.13% — higher than 76% of past drops
0%255075100%
Energy down 34.4 pts — higher than 92% of past drops
RESEARCH

Trend of Bear Bias NZDUSD 1H

Sample: 72,988 1H candles from 2015-01-01 to 2026-09-24
Number of Bear Bias occurrences: 5,764 times

▸When NZDUSD is in Bear Bias:

  • then NZDUSD moved to higher Market State: 4,022 times — 69.8%
  • then NZDUSD moved to lower Market State: 1,742 times — 30.2%

▸Current NZDUSD market energy: -24.01%

  • Distance to upper bound of Bear Bias (at -20.88%): 3.13%
  • Distance to lower bound of Bear Bias (at -60%): 35.99%

"Let data guide you, but never trust it completely" — 2AITRADING

NZDUSD · H1 · 2023-02-21 03:00 UTC
Preview the last 30 candles — price and energy
View live NZDUSD chart →
Market Energy
10.3%
Neutral
-24.0%
Bear Bias
-29.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Observing the completed 1H candle, NZDUSD shows the Bear Bias energy zone.

Looking at the energy level, Compared to the previous candle (10.3%), Market Energy dropped -34.4% to -24%.

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, NZDUSD Market Energy ranged from -84 to +44.3.

Knowledge

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

Frequently asked questions

What did NZDUSD price and energy show when this 1H candle closed?

When the 1H candle at 10:00 on 21-02-2023 closed, NZDUSD was at 0.62432, down 0.13% from the previous candle (0.62514). Market Energy was -24%, down 34.4 points from 10.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

NZDUSD closed at 0.62432, down 0.13% from the previous 1H candle (0.62514). This drop is larger than 76% of past drops on the 1H timeframe for NZDUSD, across 25,791 candles since 2019.

How did NZDUSD Market Energy change from the previous candle?

Market Energy fell 34.4 percentage points from the previous candle — from 10.3% to -24%. This drop is larger than 92% of past drops on the 1H timeframe for NZDUSD.

Do NZDUSD 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 NZDUSD in on the previous 1H candle?

The previous 1H candle had NZDUSD at 10.3%, Neutral — when this candle closed, NZDUSD moved down to a lower zone: Neutral → Bear Bias.

Where does NZDUSD energy sit within the Bear Bias zone?

At -24%, NZDUSD is 3.13 points from the upper boundary of Bear Bias (-20.88%) and 35.99 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 Bear Bias with energy -58.2%; GER40 (European equities) in Neutral with energy -9.8%. Against this backdrop, NZDUSD (Bear Bias, -24%) lower 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 Bias with Market Energy 34.8%. NZDUSD (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for NZDUSD.

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 NZDUSD on the NZDUSD overview →

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