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| Price | ▼ 4.74% | ▼ 2.91% | ▼ 8.77% | ▼ 24.43% |
| Energy | ▼ 10.4 | ▼ 9.2 | ▼ 9.7 | ▼ 41.6 |
Trend of Neutral AVAXUSD Weekly
▸When AVAXUSD is in Neutral:
- then AVAXUSD moved to higher Market State: 10 times — 38.5%
- then AVAXUSD moved to lower Market State: 16 times — 61.5%
▸Current AVAXUSD market energy: 17.51%
- Distance to upper bound of Neutral (at 20.88%): 3.37%
- Distance to lower bound of Neutral (at -20.88%): 38.39%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Reading from the Weekly candle, Result for AVAXUSD: the Bull/Bear balanced energy zone.
On the energy side, Market trend energy recorded a -41.6% drop from the previous candle, from 59.1% to 17.5%.
Time in Neutral energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did AVAXUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 08-04-2024 closed, AVAXUSD was at 37.27, down 24.43% from the previous candle (49.32). Market Energy was 17.5%, down 41.6 points from 59.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did AVAXUSD price move on this Weekly candle, and how large is that historically?
AVAXUSD closed at 37.27, down 24.43% from the previous Weekly candle (49.32). This drop is larger than 92% of past drops on the Weekly timeframe for AVAXUSD, across 184 candles since 2019.
How did AVAXUSD Market Energy change from the previous candle?
Market Energy fell 41.6 percentage points from the previous candle — from 59.1% to 17.5%. This drop is larger than 92% of past drops on the Weekly timeframe for AVAXUSD.
Do AVAXUSD 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 AVAXUSD in on the previous Weekly candle?
The previous Weekly candle had AVAXUSD at 59.1%, Bull Bias — when this candle closed, AVAXUSD moved down to a lower zone: Bull Bias → Neutral.
Where does AVAXUSD energy sit within the Neutral zone?
At 17.5%, AVAXUSD is 3.37 points from the upper boundary of Neutral (20.88%) and 38.39 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 Bull Critical with energy 62%; GER40 (European equities) in Bull Bias with energy 57.4%. Against this backdrop, AVAXUSD (Neutral, 17.5%) 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 Neutral with Market Energy 13.7%. AVAXUSD energy is currently above DXY by 3.8 points.
See the real-time energy chart for AVAXUSD.
Open Energy ChartSee the full 2AiTrading Model data for AVAXUSD on the AVAXUSD overview →
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