Analysis

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Candle close
Price and energy
NZDJPY from 88.5175 to 88.351, down 0.19%
Market Energy Bear Extreme -82.5% to Bear Extreme -96.0%, down 13.5 pts
Down candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.06%▼ 0.02%▼ 0.13%▼ 0.19%
Energy▼ 5.2▼ 14.5▼ 111.9▼ 13.5
Volatility trend chart · last 4 sessions
▼ 0.06%▼ 0.02%▼ 0.13%▼ 0.19%▼ 5.2▼ 14.5▼ 111.9▼ 13.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.19% — higher than 88% of past drops
0%255075100%
Energy down 13.5 pts — higher than 63% of past drops
RESEARCH

Trend of Bear Extreme NZDJPY 1H

Sample: 58,404 1H candles from 2017-05-01 to 2026-10-02
Number of Bear Extreme occurrences: 1,824 times

▸When NZDJPY is in Bear Extreme:

  • then NZDJPY moved to higher Market State: 1,824 times — 100%
  • then NZDJPY moved to lower Market State: 0 times — 0%

▸Current NZDJPY market energy: -96.03%

  • Distance to upper bound of Bear Extreme (at -74.5%): 21.53%
  • Distance to bottom -100%: 3.97%

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

NZDJPY · H1 · 2026-10-05 01:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-82.5%
Bear Extreme
-96.0%
Bear Extreme
Expected at
10:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Reading from the 1H candle, NZDJPY reflects Bear Extreme.

Observing the NZDJPY market this session, Market Energy dropped -13.5% from the previous session, from -82.5% to -96%.

Time in Bear Extreme energy zone: 2 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 -96 to +96.9.

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 08:00 on 05-10-2026 closed, NZDJPY was at 88.351, down 0.19% from the previous candle (88.5175). Market Energy was -96%, down 13.5 points from -82.5%, 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 88.351, down 0.19% from the previous 1H candle (88.5175). This drop is larger than 88% of past drops on the 1H timeframe for NZDJPY, across 48,326 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 13.5 percentage points from the previous candle — from -82.5% to -96%. This drop is larger than 63% 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 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 -82.5%, Bear Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Extreme zone?

At -96%, NZDJPY is 21.53 points from the upper boundary of Bear Extreme (-74.5%) and 3.97 points from the lower boundary (-100%) — so energy sits closer to the lower 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 46.4%; GER40 (European equities) in Bull Bias with energy 44.3%. Against this backdrop, NZDJPY (Bear Extreme, -96%) 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 41.6%. 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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