Analysis

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Price and energy
NZDJPY from 93.028 to 93.012, down 0.02%
Market Energy Bear Extreme -92.6% to Bear Extreme -80.4%, up 12.2 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.25%0.04%0.23%0.02%
Energy0.50.47.212.2
Volatility trend chart · last 4 sessions
0.25% 0.04% 0.23% 0.02% 0.5 0.4 7.2 12.2
priceenergy up · down
Volatility · vs history since 2019
Price down 0.02% — higher than 15% of past drops
0%255075100%
Energy up 12.2 pts — higher than 58% of past rises
RESEARCH

Trend of Bear Extreme NZDJPY 1H

Sample: 58,023 1H candles from 2017-05-01 to 2026-09-10
Number of Bear Extreme occurrences: 1,809 times

When NZDJPY is in Bear Extreme:

  • then NZDJPY moved to higher Market State: 1,809 times100%
  • then NZDJPY moved to lower Market State: 0 times0%

Current NZDJPY market energy: -80.39%

  • Distance to upper bound of Bear Extreme (at -74.5%): 5.89%
  • Distance to bottom -100%: 19.61%

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

NZDJPY · H1 · 2026-09-02 11:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-92.6%
Bear Extreme
-80.4%
Bear Extreme
-82.0%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

NZDJPY recorded in the Bear Extreme level as the 1H candle ended.

Looking at the Market Energy reading, Compared to the previous candle (-92.6%), Market Energy rose +12.2% to -80.4%.

Time in Bear Extreme energy zone: 9 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 -99.8 to +81.1.

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 18:00 on 02-09-2026 closed, NZDJPY was at 93.012, down 0.02% from the previous candle (93.028). Market Energy was -80.4%, up 12.2 points from -92.6%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

NZDJPY closed at 93.012, down 0.02% from the previous 1H candle (93.028). This drop is larger than 15% of past drops on the 1H timeframe for NZDJPY, across 47,784 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 12.2 percentage points from the previous candle — from -92.6% to -80.4%. This rise is larger than 58% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

No. On this candle price fell but energy rose — the two moved in opposite directions. 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 -92.6%, Bear Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Extreme zone?

At -80.4%, NZDJPY is 5.89 points from the upper boundary of Bear Extreme (-74.5%) and 19.61 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 38.6%; GER40 (European equities) in Neutral with energy -9.6%. Against this backdrop, NZDJPY (Bear Extreme, -80.4%) 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 Bias with Market Energy 37.3%. NZDJPY (Bear Extreme) 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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