Analysis

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Candle close
Price and energy
NZDJPY from 94.758 to 94.8775, up 0.13%
Market Energy Bull Extreme 85.5% to Bull Extreme 93.5%, up 8.1 pts
Up candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.03%▲ 0.07%▲ 0.23%▲ 0.13%
Energy▼ 4.3▼ 2.9▲ 3.7▲ 8.1
Volatility trend chart · last 4 sessions
▲ 0.03%▲ 0.07%▲ 0.23%▲ 0.13%▼ 4.3▼ 2.9▲ 3.7▲ 8.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.13% — higher than 53% of past rises
0%255075100%
Energy up 8.1 pts — higher than 37% of past rises
RESEARCH

Trend of Bull Extreme NZDJPY 4H

Sample: 336 4H candles from 2026-07-22 to 2026-10-08
Number of Bull Extreme occurrences: 11 times

▸When NZDJPY is in Bull Extreme:

  • then NZDJPY moved to higher Market State: 0 times — 0%
  • then NZDJPY moved to lower Market State: 11 times — 100%

▸Current NZDJPY market energy: 93.52%

  • Distance to peak 100%: 6.48%
  • Distance to lower bound of Bull Extreme (at 74.5%): 19.02%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H4 · 2026-08-21 01:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
85.5%
Bull Extreme
93.5%
Bull Extreme
80.8%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

With the 4H candle just closed, NZDJPY classified as the upper-boundary Bull energy state - Bull Extreme.

Market trend on the 2AiTrading energy system Market Energy reading rose +8.1%, moving from 85.5% to 93.5% after the 4H candle.

Time in Bull Extreme energy zone: 7 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 -86.9 to +97.7.

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 08:00 on 21-08-2026 closed, NZDJPY was at 94.8775, up 0.13% from the previous candle (94.758). Market Energy was 93.5%, up 8.1 points from 85.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

NZDJPY closed at 94.8775, up 0.13% from the previous 4H candle (94.758). This rise is larger than 53% of past rises on the 4H timeframe for NZDJPY, across 127 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 8.1 percentage points from the previous candle — from 85.5% to 93.5%. This rise is larger than 37% of past rises on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had NZDJPY at 85.5%, Bull Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Extreme zone?

At 93.5%, NZDJPY is 6.48 points from the upper boundary of Bull Extreme (100%) and 19.02 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Bear Critical with energy -63.3%; GER40 (European equities) in Neutral with energy 6.2%. Against this backdrop, NZDJPY (Bull Extreme, 93.5%) has higher energy 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 12.4%. NZDJPY energy is currently above DXY by 81.2 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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