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| Price | ▲ 0.02% | ▲ 0.11% | ▼ 0.10% | ▼ 0.09% |
| Energy | ▼ 4.2 | ▲ 5.3 | ▼ 33.1 | ▼ 88.6 |
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: -36.29%
- Distance to upper bound of Bear Bias (at -20.88%): 15.41%
- Distance to lower bound of Bear Bias (at -60%): 23.71%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the 1H candle completes, CHFJPY recorded in the energy zone leaning Bear.
On the measurement side, Market Energy dropped -88.6% this candle, currently -36.3% (previous candle 52.3%).
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 -88.7 to +99.8.
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 08:00 on 31-05-2024 closed, CHFJPY was at 173.46, down 0.09% from the previous candle (173.608). Market Energy was -36.3%, down 88.6 points from 52.3%, 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 173.46, down 0.09% from the previous 1H candle (173.608). This drop is larger than 74% of past drops on the 1H timeframe for CHFJPY, across 33,776 candles since 2019.
How did CHFJPY Market Energy change from the previous candle?
Market Energy fell 88.6 percentage points from the previous candle — from 52.3% to -36.3%. This drop is larger than 98% of past drops on the 1H timeframe for CHFJPY.
Do CHFJPY price and energy agree?
Yes. Both price and energy moved down 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 52.3%, 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 -36.3%, CHFJPY is 15.41 points from the upper boundary of Bear Bias (-20.88%) and 23.71 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 -45.5%; GER40 (European equities) in Neutral with energy 12.4%. Against this backdrop, CHFJPY (Bear Bias, -36.3%) 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 Bear Bias with Market Energy -24.9%. CHFJPY (Bear Bias) and DXY currently sit on the same Bear 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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