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Trend of Neutral AUDCAD Daily
▸When AUDCAD is in Neutral:
- then AUDCAD moved to higher Market State: 231 times — 47.2%
- then AUDCAD moved to lower Market State: 258 times — 52.8%
▸Current AUDCAD market energy: 12.34%
- Distance to upper bound of Neutral (at 20.88%): 8.54%
- Distance to lower bound of Neutral (at -20.88%): 33.22%
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As the Daily session concludes, Market AUDCAD in the neutral energy zone.
Market energy measurement Market trend energy recorded a +4.2% rise from the previous candle, from 8.2% to 12.3%.
Time in Neutral energy zone: 4 Daily Candle
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.
Over the past 5 days, AUDCAD Market Energy ranged from +7.1 to +35.3.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was AUDCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 04-09-2023 closed, AUDCAD was in Neutral with Market Energy 12.3%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did AUDCAD Market Energy change from the previous candle?
Market Energy rose 4.2 percentage points from the previous candle — from 8.2% to 12.3%.
What state was AUDCAD in on the previous Daily candle?
The previous Daily candle had AUDCAD at 8.2%, Neutral — this candle kept the same state, no zone change.
Where does AUDCAD energy sit within the Neutral zone?
At 12.3%, AUDCAD is 8.54 points from the upper boundary of Neutral (20.88%) and 33.22 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 Bias with energy -26%; GER40 (European equities) in Bear Bias with energy -42.7%. Against this backdrop, AUDCAD (Neutral, 12.3%) has higher energy 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 Extreme with Market Energy 94.6%. AUDCAD energy is currently below DXY by 82.2 points.
See the real-time energy chart for AUDCAD.
Open Energy ChartSee the full 2AiTrading Model data for AUDCAD on the AUDCAD overview →
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