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Trend of Bear Extreme EURCAD Daily
▸When EURCAD is in Bear Extreme:
- then EURCAD moved to higher Market State: 28 times — 100%
- then EURCAD moved to lower Market State: 0 times — 0%
▸Current EURCAD market energy: -80.98%
- Distance to upper bound of Bear Extreme (at -74.5%): 6.48%
- Distance to bottom -100%: 19.02%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the Daily data updates, Market Energy of EURCAD indicates Bear in Extreme state.
At the Daily session close, Market Energy moved from -73.4% to -81%, down -7.6% from the previous candle.
Time in Bear Extreme energy zone: 1 Daily 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, EURCAD Market Energy ranged from -81 to -59.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 11-07-2022 closed, EURCAD was in Bear Extreme with Market Energy -81%, controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 7.6 percentage points from the previous candle — from -73.4% to -81%.
What state was EURCAD in on the previous Daily candle?
The previous Daily candle had EURCAD at -73.4%, Bear Critical — when this candle closed, EURCAD moved down to a lower zone: Bear Critical → Bear Extreme.
Where does EURCAD energy sit within the Bear Extreme zone?
At -81%, EURCAD is 6.48 points from the upper boundary of Bear Extreme (-74.5%) and 19.02 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 12.9%; GER40 (European equities) in Bull Bias with energy 47.5%. Against this backdrop, EURCAD (Bear Extreme, -81%) lower 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 Neutral with Market Energy 3.9%. EURCAD energy is currently below DXY by 84.9 points.
See the real-time energy chart for EURCAD.
Open Energy ChartSee the full 2AiTrading Model data for EURCAD on the EURCAD overview →
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