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| Price | ▲ 0.67% | ▼ 0.12% | ▼ 1.22% | ▼ 1.59% |
| Energy | ▲ 5.4 | ▲ 2.3 | ▼ 20.7 | ▼ 45.9 |
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: -48.57%
- Distance to upper bound of Bear Bias (at -20.88%): 27.69%
- Distance to lower bound of Bear Bias (at -60%): 11.43%
"A person's history reveals more than you might think" — 2AITRADING
Observing the completed Weekly candle, CADCHF in the Bear Bias state.
Market energy measurement Market Energy reading dropped -45.9%, moving from -2.7% to -48.6% after the Weekly candle.
Time in Bear Bias energy zone: 1 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 -48.6 to -2.7.
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 01-08-2019 closed, CADCHF was at 0.73235, down 1.59% from the previous candle (0.7442). Market Energy was -48.6%, down 45.9 points from -2.7%, 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 0.73235, down 1.59% from the previous Weekly candle (0.7442). This drop is larger than 98% of past drops on the Weekly timeframe for CADCHF, across 60 candles since 2019.
How did CADCHF Market Energy change from the previous candle?
Market Energy fell 45.9 percentage points from the previous candle — from -2.7% to -48.6%. This drop is larger than 98% of past drops on the Weekly 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 Weekly candle?
The previous Weekly candle had CADCHF at -2.7%, Neutral — when this candle closed, CADCHF moved down to a lower zone: Neutral → Bear Bias.
Where does CADCHF energy sit within the Bear Bias zone?
At -48.6%, CADCHF is 27.69 points from the upper boundary of Bear Bias (-20.88%) and 11.43 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 Bear Extreme with energy -77.9%; GER40 (European equities) in Neutral with energy -16.9%. Against this backdrop, CADCHF (Bear Bias, -48.6%) 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 93.1%. CADCHF (Bear Bias) and DXY currently sit on opposite sides.
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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