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Trend of Bull Extreme EURCAD 1H
▸When EURCAD is in Bull Extreme:
- then EURCAD moved to higher Market State: 0 times — 0%
- then EURCAD moved to lower Market State: 675 times — 100%
▸Current EURCAD market energy: 90.11%
- Distance to peak 100%: 9.89%
- Distance to lower bound of Bull Extreme (at 74.5%): 15.61%
"A person's history reveals more than you might think" — 2AITRADING
As the 1H candle completes, EURCAD within the extreme Bull energy zone.
Market energy movement Compared to the previous candle (78.2%), Market Energy rose +11.9% to 90.1%.
Time in Bull Extreme energy zone: 2 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, EURCAD Market Energy ranged from -59.5 to +99.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURCAD on 1H when this candle closed?
When the 1H candle at 23:00 on 29-11-2022 closed, EURCAD was in Bull Extreme with Market Energy 90.1%, controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How did EURCAD Market Energy change from the previous candle?
Market Energy rose 11.9 percentage points from the previous candle — from 78.2% to 90.1%.
What state was EURCAD in on the previous 1H candle?
The previous 1H candle had EURCAD at 78.2%, Bull Extreme — this candle kept the same state, no zone change.
Where does EURCAD energy sit within the Bull Extreme zone?
At 90.1%, EURCAD is 9.89 points from the upper boundary of Bull Extreme (100%) and 15.61 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bull Extreme mean?
Bull 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 Bull 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 Bear Bias with energy -56%; GER40 (European equities) in Neutral with energy 3%. Against this backdrop, EURCAD (Bull Extreme, 90.1%) has higher energy 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 Bull Bias with Market Energy 36.6%. EURCAD (Bull Extreme) and DXY currently sit on the same Bull side.
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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