Analysis

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Candle close
Price and energy
NZDJPY from 93.686 to 92.6655, down 1.09%
Market Energy Bear Bias -29.0% to Bear Critical -70.2%, down 41.2 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.80%▲ 0.45%▼ 0.29%▼ 1.09%
Energy▼ 33.7▲ 11.3▲ 10.4▼ 41.2
Volatility trend chart · last 4 sessions
▼ 0.80%▲ 0.45%▼ 0.29%▼ 1.09%▼ 33.7▲ 11.3▲ 10.4▼ 41.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.09% — higher than 93% of past drops
0%255075100%
Energy down 41.2 pts: not enough data to rank
RESEARCH

Trend of Bear Critical NZDJPY 4H

Sample: 339 4H candles from 2026-07-22 to 2026-10-09
Number of Bear Critical occurrences: 24 times

▸When NZDJPY is in Bear Critical:

  • then NZDJPY moved to higher Market State: 17 times — 70.8%
  • then NZDJPY moved to lower Market State: 7 times — 29.2%

▸Current NZDJPY market energy: -70.22%

  • Distance to upper bound of Bear Critical (at -60%): 10.22%
  • Distance to lower bound of Bear Critical (at -74.5%): 4.28%

"A person's history reveals more than you might think" — 2AITRADING

NZDJPY · H4 · 2026-07-31 17:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-29.0%
Bear Bias
-70.2%
Bear Critical
-82.1%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Following the completion of the 4H candle, NZDJPY classified as the near-extreme Bear energy zone.

Per the 2AiTrading energy measurement system, Compared to the previous candle (-29%), Market Energy dropped -41.2% to -70.2%.

Time in Bear Critical energy zone: 1 4H 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 -75.3 to +78.5.

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 4H candle closed?

When the 4H candle at 00:00 on 01-08-2026 closed, NZDJPY was at 92.6655, down 1.09% from the previous candle (93.686). Market Energy was -70.2%, down 41.2 points from -29%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did NZDJPY price move on this 4H candle, and how large is that historically?

NZDJPY closed at 92.6655, down 1.09% from the previous 4H candle (93.686). This drop is larger than 93% of past drops on the 4H timeframe for NZDJPY, across 41 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 41.2 percentage points from the previous candle — from -29% to -70.2%.

Do NZDJPY price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

What state was NZDJPY in on the previous 4H candle?

The previous 4H candle had NZDJPY at -29%, Bear Bias — when this candle closed, NZDJPY moved down to a lower zone: Bear Bias → Bear Critical.

Where does NZDJPY energy sit within the Bear Critical zone?

At -70.2%, NZDJPY is 10.22 points from the upper boundary of Bear Critical (-60%) and 4.28 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 60.9%; GER40 (European equities) in Neutral with energy -8%. Against this backdrop, NZDJPY (Bear Critical, -70.2%) 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 Extreme with Market Energy -86.6%. NZDJPY (Bear Critical) and DXY currently sit on the same Bear side.

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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