Update: as this is your first post, have you looked at the way CIQ watchfaces worK in general? They only update every minute most of the time, but will update every second for about 10 seconds after a gesture.
The ability to do "1hz" is new (and is only available on some watches) also changes things a bit, as you can update a part of the screen every second all the time.
Yes, it's relatively easy to animate a watchface on CIQ.
CIQ watchfaces are either in a "low power state" and update, at best, every second.
Or, are in a "high power state", and can update at an interval of your choosing, ie; say every 50ms or so (20 fps).
It shows, by example, how you can update the screen slowly every second in low power mode, or fast every 30ms in high power mode.
You can draw shapes, move bitmaps, change colours between intervals to achieve your animation outcomes.