Analysis

·

Candle close
Price and energy
CHFJPY from 171.0825 to 171.1425, up 0.04%
Market Energy Bull Bias 32.7% to Bull Bias 36.8%, up 4.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.05%▲ 0.01%▼ 0.04%▲ 0.04%
Energy▲ 14.7▲ 10.4▼ 14.6▲ 4.1
Volatility trend chart · last 4 sessions
▲ 0.05%▲ 0.01%▼ 0.04%▲ 0.04%▲ 14.7▲ 10.4▼ 14.6▲ 4.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.04% — higher than 40% of past rises
0%255075100%
Energy up 4.1 pts — higher than 26% of past rises
RESEARCH

Trend of Bull Bias CHFJPY 1H

Sample: 58,557 1H candles from 2017-05-01 to 2026-10-07
Number of Bull Bias occurrences: 4,825 times

▸When CHFJPY is in Bull Bias:

  • then CHFJPY moved to higher Market State: 1,844 times — 38.2%
  • then CHFJPY moved to lower Market State: 2,981 times — 61.8%

▸Current CHFJPY market energy: 36.79%

  • Distance to upper bound of Bull Bias (at 60%): 23.21%
  • Distance to lower bound of Bull Bias (at 20.88%): 15.91%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

CHFJPY · H1 · 2024-02-28 06:00 UTC
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Market Energy
32.7%
Bull Bias
36.8%
Bull Bias
43.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, Market CHFJPY in the Bull Bias state.

On the energy side, Market Energy moved from 32.7% to 36.8%, up +4.1% from the previous candle.

Time in Bull Bias energy zone: 7 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, CHFJPY Market Energy ranged from -82.3 to +98.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did CHFJPY price and energy show when this 1H candle closed?

When the 1H candle at 13:00 on 28-02-2024 closed, CHFJPY was at 171.1425, up 0.04% from the previous candle (171.0825). Market Energy was 36.8%, up 4.1 points from 32.7%, 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 1H candle, and how large is that historically?

CHFJPY closed at 171.1425, up 0.04% from the previous 1H candle (171.0825). This rise is larger than 40% of past rises on the 1H timeframe for CHFJPY, across 32,172 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy rose 4.1 percentage points from the previous candle — from 32.7% to 36.8%. This rise is larger than 26% of past rises on the 1H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

Yes. Both price and energy moved up on this candle. 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 32.7%, Bull Bias — this candle kept the same state, no zone change.

Where does CHFJPY energy sit within the Bull Bias zone?

At 36.8%, CHFJPY is 23.21 points from the upper boundary of Bull Bias (60%) and 15.91 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 Neutral with energy 20.4%; GER40 (European equities) in Bull Bias with energy 57.2%. Against this backdrop, CHFJPY (Bull Bias, 36.8%) 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 Critical with Market Energy 72.9%. CHFJPY (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for CHFJPY.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for CHFJPY on the CHFJPY overview →

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