Analysis

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Candle close
Price and energy
NZDJPY from 88.623 to 88.718, up 0.11%
Market Energy Bear Extreme -85.5% to Bear Extreme -80.5%, up 5.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.18%▼ 0.05%▼ 0.29%▲ 0.11%
Energy▼ 26.5▼ 15.0▼ 20.3▲ 5.0
Volatility trend chart · last 4 sessions
▼ 0.18%▼ 0.05%▼ 0.29%▲ 0.11%▼ 26.5▼ 15.0▼ 20.3▲ 5.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.11% — higher than 43% of past rises
0%255075100%
Energy up 5.0 pts — higher than 25% of past rises
RESEARCH

Trend of Bear Extreme NZDJPY 4H

Sample: 292 4H candles from 2026-07-22 to 2026-09-29
Number of Bear Extreme occurrences: 13 times

▸When NZDJPY is in Bear Extreme:

  • then NZDJPY moved to higher Market State: 13 times — 100%
  • then NZDJPY moved to lower Market State: 0 times — 0%

▸Current NZDJPY market energy: -80.52%

  • Distance to upper bound of Bear Extreme (at -74.5%): 6.02%
  • Distance to bottom -100%: 19.48%

"A person's history reveals more than you might think" — 2AITRADING

NZDJPY · H4 · 2026-09-29 17:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-85.5%
Bear Extreme
-80.5%
Bear Extreme
Expected at
08:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Observing the completed 4H candle, NZDJPY noted at Bear energy at peak level.

Market energy movement Market Energy moved from -85.5% to -80.5%, up +5% from the previous candle.

Time in Bear Extreme 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 -95.2 to +42.6.

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 00:00 on 30-09-2026 closed, NZDJPY was at 88.718, up 0.11% from the previous candle (88.623). Market Energy was -80.5%, up 5.0 points from -85.5%, 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 88.718, up 0.11% from the previous 4H candle (88.623). This rise is larger than 43% of past rises on the 4H timeframe for NZDJPY, across 293 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 5 percentage points from the previous candle — from -85.5% to -80.5%. This rise is larger than 25% 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%, Bear Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Extreme zone?

At -80.5%, NZDJPY is 6.02 points from the upper boundary of Bear Extreme (-74.5%) and 19.48 points from the lower boundary (-100%) — so energy sits closer to the upper 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 Bear Extreme with energy -80.9%; GER40 (European equities) in Bear Extreme with energy -93.1%. Against this backdrop, NZDJPY (Bear Extreme, -80.5%) sits in the same state zone as 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 Extreme with Market Energy 91.1%. NZDJPY (Bear Extreme) 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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