Analysis

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Price and energy
NZDJPY from 91.9315 to 91.877, down 0.06%
Market Energy Neutral 18.8% to Neutral 15.4%, down 3.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.28%0.20%0.09%0.06%
Energy14.144.938.73.4
Volatility trend chart · last 4 sessions
0.28% 0.20% 0.09% 0.06% 14.1 44.9 38.7 3.4
priceenergy up · down
Volatility · vs history since 2019
Price down 0.06% — higher than 47% of past drops
0%255075100%
Energy down 3.4 pts — higher than 22% of past drops
RESEARCH

Trend of Neutral NZDJPY 1H

Sample: 58,017 1H candles from 2017-05-01 to 2026-09-10
Number of Neutral occurrences: 4,821 times

When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 2,539 times52.7%
  • then NZDJPY moved to lower Market State: 2,282 times47.3%

Current NZDJPY market energy: 15.41%

  • Distance to upper bound of Neutral (at 20.88%): 5.47%
  • Distance to lower bound of Neutral (at -20.88%): 36.29%

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

NZDJPY · H1 · 2026-09-04 16:00 UTC
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Market Energy
18.8%
Neutral
15.4%
Neutral
7.1%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle closes, NZDJPY in the neutral energy level between Bull and Bear.

On the measurement side, The energy level dropped -3.4%: from 18.8% now at 15.4%.

Time in Neutral energy zone: 3 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 -99.9 to +98.

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 23:00 on 04-09-2026 closed, NZDJPY was at 91.877, down 0.06% from the previous candle (91.9315). Market Energy was 15.4%, down 3.4 points from 18.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

NZDJPY closed at 91.877, down 0.06% from the previous 1H candle (91.9315). This drop is larger than 47% of past drops on the 1H timeframe for NZDJPY, across 47,837 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 3.4 percentage points from the previous candle — from 18.8% to 15.4%. This drop is larger than 22% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had NZDJPY at 18.8%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At 15.4%, NZDJPY is 5.47 points from the upper boundary of Neutral (20.88%) and 36.29 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 Extreme with energy -76.7%; GER40 (European equities) in Neutral with energy 8.5%. Against this backdrop, NZDJPY (Neutral, 15.4%) has higher energy than SPX500; sits in the same state zone as 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 8.4%. NZDJPY energy is currently above DXY by 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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