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Trend of Neutral CADCHF Daily
▸When CADCHF is in Neutral:
- then CADCHF moved to higher Market State: 242 times — 50.2%
- then CADCHF moved to lower Market State: 240 times — 49.8%
▸Current CADCHF market energy: -10.71%
- Distance to upper bound of Neutral (at 20.88%): 31.59%
- Distance to lower bound of Neutral (at -20.88%): 10.17%
"Why does archaeology matter?" — 2AITRADING
As the Daily candle closes, Result for CADCHF: the balanced energy state.
Market trend on the 2AiTrading energy system Market Energy moved from 7.2% to -10.7%, down -17.9% from the previous candle.
Time in Neutral energy zone: 4 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 -26.8 to +7.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was CADCHF on Daily when this candle closed?
When the Daily candle at 07:00 on 11-04-2024 closed, CADCHF was in Neutral with Market Energy -10.7%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did CADCHF Market Energy change from the previous candle?
Market Energy fell 17.9 percentage points from the previous candle — from 7.2% to -10.7%.
What state was CADCHF in on the previous Daily candle?
The previous Daily candle had CADCHF at 7.2%, Neutral — this candle kept the same state, no zone change.
Where does CADCHF energy sit within the Neutral zone?
At -10.7%, CADCHF is 31.59 points from the upper boundary of Neutral (20.88%) and 10.17 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 Critical with energy -60%; GER40 (European equities) in Bear Bias with energy -56.9%. Against this backdrop, CADCHF (Neutral, -10.7%) 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 Extreme with Market Energy 88.3%. CADCHF energy is currently below DXY by 99 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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