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| Price | ▼ 0.33% | ▼ 0.10% | ▲ 0.19% | ▲ 0.19% |
| Energy | ▼ 35.1 | ▼ 47.1 | ▲ 9.9 | ▲ 32.7 |
Trend of Bull Bias CHFJPY Daily
▸When CHFJPY is in Bull Bias:
- then CHFJPY moved to higher Market State: 176 times — 46.2%
- then CHFJPY moved to lower Market State: 205 times — 53.8%
▸Current CHFJPY market energy: 40.3%
- Distance to upper bound of Bull Bias (at 60%): 19.7%
- Distance to lower bound of Bull Bias (at 20.88%): 19.42%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Observing the completed Daily candle, CHFJPY recorded in trend energy leaning Bull.
Per the 2AiTrading energy measurement system, Market trend energy recorded a +32.7% rise from the previous candle, from 7.6% to 40.3%.
Time in Bull Bias energy zone: 1 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, CHFJPY Market Energy ranged from -2.4 to +79.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHFJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 05-08-2021 closed, CHFJPY was at 121.0525, up 0.19% from the previous candle (120.8175). Market Energy was 40.3%, up 32.7 points from 7.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CHFJPY price move on this Daily candle, and how large is that historically?
CHFJPY closed at 121.0525, up 0.19% from the previous Daily candle (120.8175). This rise is larger than 55% of past rises on the Daily timeframe for CHFJPY, across 811 candles since 2019.
How did CHFJPY Market Energy change from the previous candle?
Market Energy rose 32.7 percentage points from the previous candle — from 7.6% to 40.3%. This rise is larger than 80% of past rises on the Daily timeframe for CHFJPY.
Do CHFJPY price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was CHFJPY in on the previous Daily candle?
The previous Daily candle had CHFJPY at 7.6%, Neutral — when this candle closed, CHFJPY moved up to a higher zone: Neutral → Bull Bias.
Where does CHFJPY energy sit within the Bull Bias zone?
At 40.3%, CHFJPY is 19.7 points from the upper boundary of Bull Bias (60%) and 19.42 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bias with energy -26.6%; GER40 (European equities) in Bull Bias with energy 54%. Against this backdrop, CHFJPY (Bull Bias, 40.3%) has higher energy than SPX500; sits in the same state zone as 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 79.1%. CHFJPY (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for CHFJPY.
Open Energy ChartSee the full 2AiTrading Model data for CHFJPY on the CHFJPY overview →
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