Analysis

NZDCAD 0.79971 ↓0.11%: Bears have the edge · 1H 05:00 Oct 22, 2026

·
Candle close
Price and energy
Open 0.80025 · High 0.80106 · Low 0.7991 · Close 0.79971 · Range (high − low) 0.00196
NZDCAD closed at 0.79971, down 0.000865 (-0.11%) from 0.80057.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 16.6% to Bear Bias at -21.6%, down 38.2 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price0.799920.800840.800570.79971
Energy4.8%14.9%16.6%-21.6%
Price change↓ 0.14%↑ 0.11%↓ 0.03%↓ 0.11%
Energy change↓ 68.6↑ 10.1↑ 1.7↓ 38.2
Volatility trend chart · last 4 sessions
↓ 0.14%↑ 0.11%↓ 0.03%↓ 0.11%↓ 68.6↑ 10.1↑ 1.7↓ 38.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.11% — higher than 81% of past drops
0%255075100%
Energy down 38.2 pts — higher than 95% of past drops
Knowledge

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

RESEARCH

Trend of Bear Bias NZDCAD 1H

Sample: 58,656 1H candles from 2017-05-01 to 2026-10-21
Number of Bear Bias occurrences: 4,639 times

▸When NZDCAD is in Bear Bias:

  • then NZDCAD moved to higher Market State: 3,228 times — 69.6%
  • then NZDCAD moved to lower Market State: 1,411 times — 30.4%

▸Current NZDCAD market energy: -21.65%

  • Distance to upper bound of Bear Bias (at -20.88%): 0.77%
  • Distance to lower bound of Bear Bias (at -60%): 38.35%

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

NZDCAD · H1 · 2026-10-21 21:00 UTC
Preview the last 30 candles — price and energy
View live NZDCAD chart →
Market Energy
16.6%
Neutral
-21.6%
Bear Bias
-44.1%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the 1H candle closes, NZDCAD in the energy zone leaning Bear.

Per the 2AiTrading energy measurement system, Energy delta -38.2%: Market Energy at -21.6%, previously 16.6%.

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, NZDCAD Market Energy ranged from -85.2 to 97.6.

Frequently asked questions

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

When the 1H candle closed at 05:00 on 22-10-2026, NZDCAD was at 0.79971, down 0.11% from the previous candle (0.80057). Market Energy was -21.6%, down 38.2 points from 16.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

NZDCAD closed at 0.79971, down 0.11% from the previous 1H candle (0.80057). This drop is larger than 81% of past drops on the 1H timeframe for NZDCAD, across 48,578 candles since 2019.

How did NZDCAD Market Energy change from the previous candle?

Market Energy fell 38.2 percentage points from the previous candle — from 16.6% to -21.6%. This drop is larger than 95% of past drops on the 1H timeframe for NZDCAD.

Do NZDCAD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was NZDCAD in on the previous 1H candle?

The previous 1H candle had NZDCAD at 16.6%, Neutral — when this candle closed, NZDCAD moved down to a lower zone: Neutral → Bear Bias.

Where does NZDCAD energy sit within the Bear Bias zone?

At -21.6%, NZDCAD is 0.77 points from the upper boundary of Bear Bias (-20.88%) and 38.35 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 Critical with energy 60.8%; GER40 (European equities) in Bull Bias with energy 32.5%. Against this backdrop, NZDCAD (Bear Bias, -21.6%) 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 Bias with Market Energy -25.1%. NZDCAD (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for NZDCAD.

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 NZDCAD on the NZDCAD overview →

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