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| Price | ▲ 0.02% | ▼ 0.53% | ▲ 0.85% | ▼ 0.39% |
| Energy | ▼ 0.7 | ▼ 7.5 | ▲ 39.2 | ▼ 3.1 |
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: -0.25%
- Distance to upper bound of Neutral (at 20.88%): 21.13%
- Distance to lower bound of Neutral (at -20.88%): 20.63%
"A person's history reveals more than you might think" — 2AITRADING
CADCHF processing result: the Neutral energy state after the Daily candle closed.
On the 2AiTrading energy system, Market Energy at -0.2%, down -3.1% from 2.8% in the previous candle.
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 -36.4 to +2.8.
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 17-08-2022 closed, CADCHF was at 0.73645, down 0.39% from the previous candle (0.7393). Market Energy was -0.2%, down 3.1 points from 2.8%, 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 0.73645, down 0.39% from the previous Daily candle (0.7393). This drop is larger than 70% of past drops on the Daily timeframe for CADCHF, across 1,134 candles since 2019.
How did CADCHF Market Energy change from the previous candle?
Market Energy fell 3.1 percentage points from the previous candle — from 2.8% to -0.2%. This drop is larger than 18% 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 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 2.8%, Neutral — this candle kept the same state, no zone change.
Where does CADCHF energy sit within the Neutral zone?
At -0.2%, CADCHF is 21.13 points from the upper boundary of Neutral (20.88%) and 20.63 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 Bull Bias with energy 32.9%; GER40 (European equities) in Bull Critical with energy 64.6%. Against this backdrop, CADCHF (Neutral, -0.2%) 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 Bear Bias with Market Energy -58.4%. CADCHF energy is currently above DXY by 58.2 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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