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Trend of Neutral EURCAD Weekly
▸When EURCAD is in Neutral:
- then EURCAD moved to higher Market State: 35 times — 46.7%
- then EURCAD moved to lower Market State: 40 times — 53.3%
▸Current EURCAD market energy: 18.18%
- Distance to upper bound of Neutral (at 20.88%): 2.7%
- Distance to lower bound of Neutral (at -20.88%): 39.06%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Right as the Weekly candle closes, Market Energy of EURCAD indicates the neutral Bull/Bear zone.
On the energy side, Market Energy moved from 24.9% to 18.2%, down -6.7% from the previous candle.
Time in Neutral energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
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What state was EURCAD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 24-08-2020 closed, EURCAD was in Neutral with Market Energy 18.2%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 6.7 percentage points from the previous candle — from 24.9% to 18.2%.
What state was EURCAD in on the previous Weekly candle?
The previous Weekly candle had EURCAD at 24.9%, Bull Bias — when this candle closed, EURCAD moved down to a lower zone: Bull Bias → Neutral.
Where does EURCAD energy sit within the Neutral zone?
At 18.2%, EURCAD is 2.7 points from the upper boundary of Neutral (20.88%) and 39.06 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 Bull Critical with energy 74.3%; GER40 (European equities) in Neutral with energy 6.6%. Against this backdrop, EURCAD (Neutral, 18.2%) lower 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 Bull Bias with Market Energy 30.9%. EURCAD energy is currently below DXY by 12.7 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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