Analysis

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Price and energy
NZDJPY from 89.272 to 89.2225, down 0.06%
Market Energy Neutral 14.3% to Neutral 5.8%, down 8.6 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.12%0.07%0.04%0.06%
Energy27.510.612.18.6
Volatility trend chart · last 4 sessions
0.12% 0.07% 0.04% 0.06% 27.5 10.6 12.1 8.6
priceenergy up · down
Volatility · vs history since 2019
Price down 0.06% — higher than 34% of past drops
0%255075100%
Energy down 8.6 pts — higher than 41% of past drops
RESEARCH

Trend of Neutral NZDJPY 4H

Sample: 239 4H candles from 2026-07-22 to 2026-09-16
Number of Neutral occurrences: 23 times

When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 13 times56.5%
  • then NZDJPY moved to lower Market State: 10 times43.5%

Current NZDJPY market energy: 5.76%

  • Distance to upper bound of Neutral (at 20.88%): 15.12%
  • Distance to lower bound of Neutral (at -20.88%): 26.64%

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

NZDJPY · H4 · 2026-09-16 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
14.3%
Neutral
5.8%
Neutral
Expected at
12:10
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

NZDJPY classified into the neutral energy level after the 4H candle completed.

Market trend energy Market Energy dropped -8.6% this candle, currently 5.8% (previous candle 14.3%).

Time in Neutral energy zone: 2 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 -77.2 to +37.1.

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 04:00 on 17-09-2026 closed, NZDJPY was at 89.2225, down 0.06% from the previous candle (89.272). Market Energy was 5.8%, down 8.6 points from 14.3%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

NZDJPY closed at 89.2225, down 0.06% from the previous 4H candle (89.272). This drop is larger than 34% of past drops on the 4H timeframe for NZDJPY, across 240 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 8.6 percentage points from the previous candle — from 14.3% to 5.8%. This drop is larger than 41% of past drops on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had NZDJPY at 14.3%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At 5.8%, NZDJPY is 15.12 points from the upper boundary of Neutral (20.88%) and 26.64 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 -72.8%; GER40 (European equities) in Neutral with energy -2.3%. Against this backdrop, NZDJPY (Neutral, 5.8%) has higher energy than SPX500; sits in the same state zone as 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 Extreme with Market Energy 99.5%. NZDJPY energy is currently below DXY by 93.7 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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