·
| Price | ▼ 0.33% | ▲ 0.82% | ▼ 0.48% | ▼ 0.60% |
| Energy | ▼ 21.5 | ▲ 24.3 | ▼ 10.6 | ▼ 32.8 |
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: -20.67%
- Distance to upper bound of Neutral (at 20.88%): 41.55%
- Distance to lower bound of Neutral (at -20.88%): 0.21%
"History always repeats itself, one way or another" — 2AITRADING
From the just-closed Daily candle data, CADCHF in the neutral energy level between Bull and Bear.
The CADCHF market at session end, Market Energy dropped -32.8% from the previous candle, from 12.1% to -20.7%.
Time in Neutral energy zone: 2 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 -20.7 to +36.6.
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 04-03-2022 closed, CADCHF was at 0.72002, down 0.6% from the previous candle (0.7244). Market Energy was -20.7%, down 32.8 points from 12.1%, 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 0.72002, down 0.6% from the previous Daily candle (0.7244). This drop is larger than 86% of past drops on the Daily timeframe for CADCHF, across 992 candles since 2019.
How did CADCHF Market Energy change from the previous candle?
Market Energy fell 32.8 percentage points from the previous candle — from 12.1% to -20.7%. This drop is larger than 91% of past drops on the Daily timeframe for CADCHF.
Do CADCHF 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 CADCHF in on the previous Daily candle?
The previous Daily candle had CADCHF at 12.1%, Neutral — this candle kept the same state, no zone change.
Where does CADCHF energy sit within the Neutral zone?
At -20.7%, CADCHF is 41.55 points from the upper boundary of Neutral (20.88%) and 0.21 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 Extreme with energy -84.6%; GER40 (European equities) in Bear Extreme with energy -81.9%. Against this backdrop, CADCHF (Neutral, -20.7%) 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 Bias with Market Energy 40.1%. CADCHF energy is currently below DXY by 60.8 points.
See the real-time energy chart for CADCHF.
Open Energy ChartSee the full 2AiTrading Model data for CADCHF on the CADCHF overview →
To jump to a symbol you're interested in, click .