Analysis

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Price and energy
NZDJPY from 91.4805 to 91.487, up 0.01%
Market Energy Bear Extreme -96.4% to Bear Extreme -91.2%, up 5.2 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.48%0.64%0.44%0.01%
Energy2.48.90.05.2
Volatility trend chart · last 4 sessions
0.48% 0.64% 0.44% 0.01% 2.4 8.9 0.0 5.2
priceenergy up · down
Volatility · vs history since 2019
Price up 0.01% — higher than 3% of past rises
0%255075100%
Energy up 5.2 pts — higher than 30% of past rises
RESEARCH

Trend of Bear Extreme NZDJPY 4H

Sample: 212 4H candles from 2026-07-22 to 2026-09-10
Number of Bear Extreme occurrences: 10 times

When NZDJPY is in Bear Extreme:

  • then NZDJPY moved to higher Market State: 10 times100%
  • then NZDJPY moved to lower Market State: 0 times0%

Current NZDJPY market energy: -91.19%

  • Distance to upper bound of Bear Extreme (at -74.5%): 16.69%
  • Distance to bottom -100%: 8.81%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NZDJPY · H4 · 2026-09-03 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-96.4%
Bear Extreme
-91.2%
Bear Extreme
-84.5%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

With the 4H candle just closed, NZDJPY currently in Bear Extreme.

Market movement after the 4H candle closes, Market trend energy recorded a +5.2% rise from the previous candle, from -96.4% to -91.2%.

Time in Bear Extreme energy zone: 10 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 -100 to -20.7.

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 20:00 on 03-09-2026 closed, NZDJPY was at 91.487, up 0.01% from the previous candle (91.4805). Market Energy was -91.2%, up 5.2 points from -96.4%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

NZDJPY closed at 91.487, up 0.01% from the previous 4H candle (91.4805). This rise is larger than 3% of past rises on the 4H timeframe for NZDJPY, across 184 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 5.2 percentage points from the previous candle — from -96.4% to -91.2%. This rise is larger than 30% of past rises on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved up on this candle. 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 -96.4%, Bear Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Extreme zone?

At -91.2%, NZDJPY is 16.69 points from the upper boundary of Bear Extreme (-74.5%) and 8.81 points from the lower boundary (-100%) — so energy sits closer to the lower 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 Extreme with energy 92.5%; GER40 (European equities) in Bull Extreme with energy 97.8%. Against this backdrop, NZDJPY (Bear Extreme, -91.2%) 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 -87%. NZDJPY (Bear Extreme) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for NZDJPY.

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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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