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| Price | ▼ 8.77% | ▼ 24.43% | ▼ 0.32% | ▼ 8.61% |
| Energy | ▼ 9.7 | ▼ 41.6 | ▼ 11.5 | ▼ 9.4 |
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: -3.33%
- Distance to upper bound of Neutral (at 20.88%): 24.21%
- Distance to lower bound of Neutral (at -20.88%): 17.55%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Weekly candle closes, AVAXUSD currently in neutral energy.
Per the 2AiTrading energy measurement system, The energy level dropped -9.4%: from 6% now at -3.3%.
Time in Neutral energy zone: 3 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 22-04-2024 closed, AVAXUSD was at 33.95, down 8.61% from the previous candle (37.15). Market Energy was -3.3%, down 9.4 points from 6%, 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 33.95, down 8.61% from the previous Weekly candle (37.15). This drop is larger than 61% of past drops on the Weekly timeframe for AVAXUSD, across 186 candles since 2019.
How did AVAXUSD Market Energy change from the previous candle?
Market Energy fell 9.4 percentage points from the previous candle — from 6% to -3.3%. This drop is larger than 50% of past drops on the Weekly timeframe for AVAXUSD.
Do AVAXUSD price and energy agree?
Yes. Both price and energy moved down on this candle. 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 6%, Neutral — this candle kept the same state, no zone change.
Where does AVAXUSD energy sit within the Neutral zone?
At -3.3%, AVAXUSD is 24.21 points from the upper boundary of Neutral (20.88%) and 17.55 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 -32.5%; GER40 (European equities) in Bull Bias with energy 44.1%. Against this backdrop, AVAXUSD (Neutral, -3.3%) has higher energy than SPX500; lower than 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 Bias with Market Energy 23.4%. AVAXUSD energy is currently below DXY by 26.7 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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