Analysis

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Price and energy
NZDJPY from 89.739 to 89.438, down 0.34%
Market Energy Bull Bias 33.1% to Bear Critical -60.8%, down 93.9 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.37%0.10%0.21%0.34%
Energy52.149.721.493.9
Volatility trend chart · last 4 sessions
0.37% 0.10% 0.21% 0.34% 52.1 49.7 21.4 93.9
priceenergy up · down
Volatility · vs history since 2019
Price down 0.34% — higher than 85% of past drops
0%255075100%
Energy down 93.9 pts — higher than 98% of past drops
RESEARCH

Trend of Bear Critical NZDJPY 4H

Sample: 218 4H candles from 2026-07-22 to 2026-09-11
Number of Bear Critical occurrences: 15 times

When NZDJPY is in Bear Critical:

  • then NZDJPY moved to higher Market State: 10 times66.7%
  • then NZDJPY moved to lower Market State: 5 times33.3%

Current NZDJPY market energy: -60.83%

  • Distance to upper bound of Bear Critical (at -60%): 0.83%
  • Distance to lower bound of Bear Critical (at -74.5%): 13.67%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H4 · 2026-09-11 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
33.1%
Bull Bias
-60.8%
Bear Critical
Expected at
00:10
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

The Bear Critical measurement is the result just recorded for NZDJPY after the 4H candle closed.

Looking at the Market Energy reading, Market Energy moved from 33.1% to -60.8%, down -93.9% from the previous candle.

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 -94.3 to +54.5.

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 16:00 on 11-09-2026 closed, NZDJPY was at 89.438, down 0.34% from the previous candle (89.739). Market Energy was -60.8%, down 93.9 points from 33.1%, 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 89.438, down 0.34% from the previous 4H candle (89.739). This drop is larger than 85% of past drops on the 4H timeframe for NZDJPY, across 219 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 93.9 percentage points from the previous candle — from 33.1% to -60.8%. This drop is larger than 98% of past drops on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved down 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 33.1%, 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 -60.8%, NZDJPY is 0.83 points from the upper boundary of Bear Critical (-60%) and 13.67 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 Extreme with energy 91.1%; GER40 (European equities) in Bull Extreme with energy 95.1%. Against this backdrop, NZDJPY (Bear Critical, -60.8%) 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 Bull Critical with Market Energy 66.4%. NZDJPY (Bear Critical) and DXY currently sit on opposite sides.

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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