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| Price | ▼ 0.45% | ▼ 0.01% | ▲ 0.29% | ▼ 0.22% |
| Energy | ▼ 88.8 | ▼ 27.7 | ▲ 26.7 | ▲ 1.8 |
Trend of Bear Bias CHFJPY Daily
▸When CHFJPY is in Bear Bias:
- then CHFJPY moved to higher Market State: 221 times — 65.2%
- then CHFJPY moved to lower Market State: 118 times — 34.8%
▸Current CHFJPY market energy: -28.19%
- Distance to upper bound of Bear Bias (at -20.88%): 7.31%
- Distance to lower bound of Bear Bias (at -60%): 31.81%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Daily candle closes, CHFJPY in the energy state tilted toward Bear.
End-of-session energy readings on Daily, The energy level rose +1.8%: from -30% now at -28.2%.
Time in Bear Bias 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, CHFJPY Market Energy ranged from -56.7 to +69.5.
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 18-10-2024 closed, CHFJPY was at 172.934, down 0.22% from the previous candle (173.312). Market Energy was -28.2%, up 1.8 points from -30%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did CHFJPY price move on this Daily candle, and how large is that historically?
CHFJPY closed at 172.934, down 0.22% from the previous Daily candle (173.312). This drop is larger than 53% of past drops on the Daily timeframe for CHFJPY, across 1,812 candles since 2019.
How did CHFJPY Market Energy change from the previous candle?
Market Energy rose 1.8 percentage points from the previous candle — from -30% to -28.2%. This rise is larger than 14% of past rises on the Daily timeframe for CHFJPY.
Do CHFJPY price and energy agree?
No. This candle recorded a price decline with energy moving the other way. 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 -30%, Bear Bias — this candle kept the same state, no zone change.
Where does CHFJPY energy sit within the Bear Bias zone?
At -28.2%, CHFJPY is 7.31 points from the upper boundary of Bear Bias (-20.88%) and 31.81 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bias with energy -58.1%; GER40 (European equities) in Neutral with energy -9.6%. Against this backdrop, CHFJPY (Bear Bias, -28.2%) lower than GER40; sits in the same state zone as SPX500.
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 Bias with Market Energy 40%. CHFJPY (Bear Bias) and DXY currently sit on opposite sides.
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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