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| Price | ▲ 0.07% | ▼ 0.34% | ▼ 0.05% | ▲ 0.37% |
| Energy | ▼ 4.3 | ▼ 6.4 | ▲ 2.9 | ▲ 27.0 |
Trend of Neutral CADCHF Daily
▸When CADCHF is in Neutral:
- then CADCHF moved to higher Market State: 243 times — 50.1%
- then CADCHF moved to lower Market State: 242 times — 49.9%
▸Current CADCHF market energy: -16.72%
- Distance to upper bound of Neutral (at 20.88%): 37.6%
- Distance to lower bound of Neutral (at -20.88%): 4.16%
"To truly understand anything, study its history" — 2AITRADING
Once measurement on the Daily timeframe completes, CADCHF recorded in the balanced energy state.
Market trend energy Market Energy rose +27% this candle, currently -16.7% (previous candle -43.7%).
Time in Neutral energy zone: 1 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, CADCHF Market Energy ranged from -46.6 to -16.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CADCHF price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 23-12-2020 closed, CADCHF was at 0.6912, up 0.37% from the previous candle (0.68867). Market Energy was -16.7%, up 27.0 points from -43.7%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did CADCHF price move on this Daily candle, and how large is that historically?
CADCHF closed at 0.6912, up 0.37% from the previous Daily candle (0.68867). This rise is larger than 65% of past rises on the Daily timeframe for CADCHF, across 620 candles since 2019.
How did CADCHF Market Energy change from the previous candle?
Market Energy rose 27 percentage points from the previous candle — from -43.7% to -16.7%. This rise is larger than 85% of past rises on the Daily timeframe for CADCHF.
Do CADCHF price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was CADCHF in on the previous Daily candle?
The previous Daily candle had CADCHF at -43.7%, Bear Bias — when this candle closed, CADCHF moved up to a higher zone: Bear Bias → Neutral.
Where does CADCHF energy sit within the Neutral zone?
At -16.7%, CADCHF is 37.6 points from the upper boundary of Neutral (20.88%) and 4.16 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 -55.3%; GER40 (European equities) in Bull Critical with energy 60.4%. Against this backdrop, CADCHF (Neutral, -16.7%) 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 Extreme with Market Energy 78.2%. CADCHF energy is currently below DXY by 94.9 points.
See the real-time energy chart for CADCHF.
Open Energy ChartSee the full 2AiTrading Model data for CADCHF on the CADCHF overview →
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