Analysis

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Price and energy
NZDJPY from 94.94 to 94.661, down 0.29%
Market Energy Neutral 6.4% to Bear Critical -60.3%, down 66.7 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.12%0.08%0.01%0.29%
Energy27.114.519.866.7
Volatility trend chart · last 4 sessions
0.12% 0.08% 0.01% 0.29% 27.1 14.5 19.8 66.7
priceenergy up · down
Volatility · vs history since 2019
Price down 0.29% — higher than 88% of past drops
0%255075100%
Energy down 66.7 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Critical NZDJPY 4H

Sample: 230 4H candles from 2026-07-22 to 2026-09-15
Number of Bear Critical occurrences: 17 times

When NZDJPY is in Bear Critical:

  • then NZDJPY moved to higher Market State: 11 times64.7%
  • then NZDJPY moved to lower Market State: 6 times35.3%

Current NZDJPY market energy: -60.28%

  • Distance to upper bound of Bear Critical (at -60%): 0.28%
  • Distance to lower bound of Bear Critical (at -74.5%): 14.22%

"To truly understand anything, study its history" — 2AITRADING

NZDJPY · H4 · 2026-08-28 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
6.4%
Neutral
-60.3%
Bear Critical
-76.8%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Reading from the 4H candle, Result for NZDJPY: the near-peak Bear energy level.

Market energy measurement Compared to the previous candle (6.4%), Market Energy dropped -66.7% to -60.3%.

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 -82.1 to +72.6.

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 20:00 on 28-08-2026 closed, NZDJPY was at 94.661, down 0.29% from the previous candle (94.94). Market Energy was -60.3%, down 66.7 points from 6.4%, 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 94.661, down 0.29% from the previous 4H candle (94.94). This drop is larger than 88% of past drops on the 4H timeframe for NZDJPY, across 160 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 66.7 percentage points from the previous candle — from 6.4% to -60.3%. This drop is larger than 96% of past drops on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. On this candle price fell and energy fell — 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 6.4%, Neutral — when this candle closed, NZDJPY moved down to a lower zone: Neutral → Bear Critical.

Where does NZDJPY energy sit within the Bear Critical zone?

At -60.3%, NZDJPY is 0.28 points from the upper boundary of Bear Critical (-60%) and 14.22 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 Bull Critical with energy 61.6%; GER40 (European equities) in Neutral with energy -5.2%. Against this backdrop, NZDJPY (Bear Critical, -60.3%) 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 -0.7%. NZDJPY energy is currently below DXY by 59.6 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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