Analysis

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Price and energy
NZDJPY from 93.5445 to 93.3775, down 0.18%
Market Energy Bull Bias 22.1% to Bear Critical -63.2%, down 85.3 pts
Down candle #4 in a rowPrice and energy are in agreement
Volatility · vs history since 2019
Price down 0.18% — higher than 81% of past drops
0%255075100%
Energy down 85.3 pts — higher than 96% of past drops
Trend & volatility · last 4 candles
0.02% 0.04% 0.10% 0.18% 4.5 8.8 15.3 85.3
priceenergy up · down
RESEARCH

Trend of Bear Critical NZDJPY 4H

Sample: 162 4H candles from 2026-07-22 to 2026-08-28
Number of Bear Critical occurrences: 11 times

When NZDJPY is in Bear Critical:

  • then NZDJPY moved to higher Market State: 6 times54.5%
  • then NZDJPY moved to lower Market State: 5 times45.5%

Current NZDJPY market energy: -63.23%

  • Distance to upper bound of Bear Critical (at -60%): 3.23%
  • Distance to lower bound of Bear Critical (at -74.5%): 11.27%

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

NZDJPY · H4 · 2026-08-12 05:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
22.1%
Bull Bias
-63.2%
Bear Critical
-41.4%
Bear Bias
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

As the 4H candle closes, NZDJPY shows the Bear Critical zone.

On trend energy, Market Energy dropped -85.3% this candle, currently -63.2% (previous candle 22.1%).

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 -63.2 to +97.6.

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 12:00 on 12-08-2026 closed, NZDJPY was in Bear Critical with Market Energy -63.2%, controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 85.3 percentage points from the previous candle — from 22.1% to -63.2%.

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

The previous 4H candle had NZDJPY at 22.1%, Bull Bias — when this candle closed, NZDJPY moved down to a lower zone: Bull Bias → Bear Critical.

Where does NZDJPY energy sit within the Bear Critical zone?

At -63.2%, NZDJPY is 3.23 points from the upper boundary of Bear Critical (-60%) and 11.27 points from the lower boundary (-74.5%) — so energy sits closer to the upper 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 Neutral with energy 14.4%; GER40 (European equities) in Bull Bias with energy 27.3%. Against this backdrop, NZDJPY (Bear Critical, -63.2%) 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 Neutral with Market Energy 10.8%. NZDJPY energy is currently below DXY by 74 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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