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| Price | ▲ 0.03% | ▲ 0.06% | ▲ 0.01% | ▼ 0.18% |
| Energy | ▲ 17.9 | ▲ 51.7 | ▲ 8.7 | ▼ 110.1 |
Trend of Bear Bias CHFJPY 1H
▸When CHFJPY is in Bear Bias:
- then CHFJPY moved to higher Market State: 2,923 times — 65.3%
- then CHFJPY moved to lower Market State: 1,554 times — 34.7%
▸Current CHFJPY market energy: -52.49%
- Distance to upper bound of Bear Bias (at -20.88%): 31.61%
- Distance to lower bound of Bear Bias (at -60%): 7.51%
"To truly understand anything, study its history" — 2AITRADING
As the 1H candle closes, CHFJPY recorded in the energy state leaning Bear.
Looking at the Market Energy reading, Market Energy moved from 57.6% to -52.5%, down -110.1% from the previous candle.
Time in Bear Bias energy zone: 1 1H 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 -97.6 to +99.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHFJPY price and energy show when this 1H candle closed?
When the 1H candle at 15:00 on 01-11-2023 closed, CHFJPY was at 166.2465, down 0.18% from the previous candle (166.5425). Market Energy was -52.5%, down 110.1 points from 57.6%, 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 1H candle, and how large is that historically?
CHFJPY closed at 166.2465, down 0.18% from the previous 1H candle (166.5425). This drop is larger than 93% of past drops on the 1H timeframe for CHFJPY, across 30,183 candles since 2019.
How did CHFJPY Market Energy change from the previous candle?
Market Energy fell 110.1 percentage points from the previous candle — from 57.6% to -52.5%. This drop is larger than 99% of past drops on the 1H timeframe for CHFJPY.
Do CHFJPY 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 CHFJPY in on the previous 1H candle?
The previous 1H candle had CHFJPY at 57.6%, Bull Bias — when this candle closed, CHFJPY moved down to a lower zone: Bull Bias → Bear Bias.
Where does CHFJPY energy sit within the Bear Bias zone?
At -52.5%, CHFJPY is 31.61 points from the upper boundary of Bear Bias (-20.88%) and 7.51 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 Critical with energy -73.5%; GER40 (European equities) in Bear Extreme with energy -77.2%. Against this backdrop, CHFJPY (Bear Bias, -52.5%) 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 Critical with Market Energy 69.8%. 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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