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| Price | ▼ 0.18% | ▼ 1.06% | ▼ 0.35% | ▼ 0.25% |
| Energy | ▼ 5.4 | ▼ 16.0 | ▼ 7.1 | ▼ 4.7 |
Trend of Bear Bias CADCHF Weekly
▸When CADCHF is in Bear Bias:
- then CADCHF moved to higher Market State: 45 times — 86.5%
- then CADCHF moved to lower Market State: 7 times — 13.5%
▸Current CADCHF market energy: -55.16%
- Distance to upper bound of Bear Bias (at -20.88%): 34.28%
- Distance to lower bound of Bear Bias (at -60%): 4.84%
"To truly understand anything, study its history" — 2AITRADING
Reading from the Weekly candle, CADCHF classified as energy leaning Bear.
Market movement just recorded on the Weekly timeframe, Market Energy dropped -4.7% this candle, currently -55.2% (previous candle -50.5%).
Time in Bear Bias energy zone: 5 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.
Over the past 5 days, CADCHF Market Energy ranged from -55.2 to -50.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CADCHF price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 01-06-2017 closed, CADCHF was at 0.71917, down 0.25% from the previous candle (0.72095). Market Energy was -55.2%, down 4.7 points from -50.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did CADCHF price move on this Weekly candle, and how large is that historically?
CADCHF closed at 0.71917, down 0.25% from the previous Weekly candle (0.72095).
How did CADCHF Market Energy change from the previous candle?
Market Energy fell 4.7 percentage points from the previous candle — from -50.5% to -55.2%.
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 Weekly candle?
The previous Weekly candle had CADCHF at -50.5%, Bear Bias — this candle kept the same state, no zone change.
Where does CADCHF energy sit within the Bear Bias zone?
At -55.2%, CADCHF is 34.28 points from the upper boundary of Bear Bias (-20.88%) and 4.84 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Bias 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 Neutral with energy 20.9%; GER40 (European equities) in Neutral with energy -4%. Against this backdrop, CADCHF (Bear Bias, -55.2%) 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 Critical with Market Energy -66.5%. CADCHF (Bear Bias) and DXY currently sit on the same Bear side.
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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