Analysis

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Price and energy
NZDJPY from 92.6655 to 92.0865, down 0.62%
Market Energy Bear Critical -70.2% to Bear Extreme -82.1%, down 11.9 pts
Down candle #3 in a rowPrice and energy are in agreement
Volatility · vs history since 2019
Price down 0.62% — higher than 85% of past drops
0%255075100%
Energy down 11.9 pts — higher than 33% of past drops
Trend & volatility · last 4 candles
0.45% 0.29% 1.09% 0.62% 11.3 10.4 41.2 11.9
priceenergy up · down
RESEARCH

Trend of Bear Extreme NZDJPY 4H

Sample: 162 4H candles from 2026-07-22 to 2026-08-28
Number of Bear Extreme occurrences: 6 times

When NZDJPY is in Bear Extreme:

  • then NZDJPY moved to higher Market State: 6 times100%
  • then NZDJPY moved to lower Market State: 0 times0%

Current NZDJPY market energy: -82.07%

  • Distance to upper bound of Bear Extreme (at -74.5%): 7.57%
  • Distance to bottom -100%: 17.93%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H4 · 2026-08-02 21:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-70.2%
Bear Critical
-82.1%
Bear Extreme
-81.8%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

As the 4H candle closes, NZDJPY reflects the Bear Extreme level.

Observing the NZDJPY market this session, Market Energy dropped -11.9% from the previous candle, from -70.2% to -82.1%.

Time in Bear Extreme 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 -82.1 to +77.3.

Knowledge

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

Frequently asked questions

What state was NZDJPY on 4H when this candle closed?

When the 4H candle at 04:00 on 03-08-2026 closed, NZDJPY was in Bear Extreme with Market Energy -82.1%, controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 11.9 percentage points from the previous candle — from -70.2% to -82.1%.

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

The previous 4H candle had NZDJPY at -70.2%, Bear Critical — when this candle closed, NZDJPY moved down to a lower zone: Bear Critical → Bear Extreme.

Where does NZDJPY energy sit within the Bear Extreme zone?

At -82.1%, NZDJPY is 7.57 points from the upper boundary of Bear Extreme (-74.5%) and 17.93 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 45%; GER40 (European equities) in Bear Bias with energy -23.1%. Against this backdrop, NZDJPY (Bear Extreme, -82.1%) 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 Critical with Market Energy -66.9%. NZDJPY (Bear Extreme) 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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