Analysis

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Candle close
Price and energy
CHFJPY from 170.797 to 170.656, down 0.08%
Market Energy Bull Bias 48.8% to Neutral 6.6%, down 42.2 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%▲ 0.03%▼ 0.07%▼ 0.08%
Energy▼ 11.2▲ 2.2▼ 18.6▼ 42.2
Volatility trend chart · last 4 sessions
▲ 0.01%▲ 0.03%▼ 0.07%▼ 0.08%▼ 11.2▲ 2.2▼ 18.6▼ 42.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08% — higher than 73% of past drops
0%255075100%
Energy down 42.2 pts — higher than 90% of past drops
RESEARCH

Trend of Neutral CHFJPY 1H

Sample: 58,564 1H candles from 2017-05-01 to 2026-10-08
Number of Neutral occurrences: 5,135 times

▸When CHFJPY is in Neutral:

  • then CHFJPY moved to higher Market State: 2,649 times — 51.6%
  • then CHFJPY moved to lower Market State: 2,486 times — 48.4%

▸Current CHFJPY market energy: 6.58%

  • Distance to upper bound of Neutral (at 20.88%): 14.3%
  • Distance to lower bound of Neutral (at -20.88%): 27.46%

"Let data guide you, but never trust it completely" — 2AITRADING

CHFJPY · H1 · 2024-12-06 01:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
48.8%
Bull Bias
6.6%
Neutral
-47.3%
Bear Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Measurement result after the 1H candle closes, CHFJPY shows the balanced Market Energy zone.

Per the 2AiTrading energy measurement system, The energy level dropped -42.2%: from 48.8% now at 6.6%.

Time in Neutral energy zone: 1 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 -97.2 to +99.3.

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 08:00 on 06-12-2024 closed, CHFJPY was at 170.656, down 0.08% from the previous candle (170.797). Market Energy was 6.6%, down 42.2 points from 48.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did CHFJPY price move on this 1H candle, and how large is that historically?

CHFJPY closed at 170.656, down 0.08% from the previous 1H candle (170.797). This drop is larger than 73% of past drops on the 1H timeframe for CHFJPY, across 37,015 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy fell 42.2 percentage points from the previous candle — from 48.8% to 6.6%. This drop is larger than 90% 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 48.8%, Bull Bias — when this candle closed, CHFJPY moved down to a lower zone: Bull Bias → Neutral.

Where does CHFJPY energy sit within the Neutral zone?

At 6.6%, CHFJPY is 14.3 points from the upper boundary of Neutral (20.88%) and 27.46 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 Bias with energy -36.9%; GER40 (European equities) in Neutral with energy -0.4%. Against this backdrop, CHFJPY (Neutral, 6.6%) 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 Bear Critical with Market Energy -67.8%. CHFJPY energy is currently above DXY by 74.3 points.

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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