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Trend of Neutral CHFJPY 1H
▸When CHFJPY is in Neutral:
- then CHFJPY moved to higher Market State: 2,624 times — 51.6%
- then CHFJPY moved to lower Market State: 2,458 times — 48.4%
▸Current CHFJPY market energy: 6.83%
- Distance to upper bound of Neutral (at 20.88%): 14.05%
- Distance to lower bound of Neutral (at -20.88%): 27.71%
"To truly understand anything, study its history" — 2AITRADING
As the 1H candle completes, CHFJPY in the neutral Bull/Bear zone.
Looking at the Market Energy reading, Compared to the previous candle (3.9%), Market Energy rose +2.9% to 6.8%.
Time in Neutral energy zone: 5 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 -88.1 to +96.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was CHFJPY on 1H when this candle closed?
When the 1H candle at 23:00 on 04-07-2024 closed, CHFJPY was in Neutral with Market Energy 6.8%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did CHFJPY Market Energy change from the previous candle?
Market Energy rose 2.9 percentage points from the previous candle — from 3.9% to 6.8%.
What state was CHFJPY in on the previous 1H candle?
The previous 1H candle had CHFJPY at 3.9%, Neutral — this candle kept the same state, no zone change.
Where does CHFJPY energy sit within the Neutral zone?
At 6.8%, CHFJPY is 14.05 points from the upper boundary of Neutral (20.88%) and 27.71 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Extreme with energy -74.9%; GER40 (European equities) in Bull Bias with energy 32.3%. Against this backdrop, CHFJPY (Neutral, 6.8%) has higher energy than SPX500; lower than 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 Bear Critical with Market Energy -70.3%. CHFJPY energy is currently above DXY by 77.1 points.
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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