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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: -10.31%
- Distance to upper bound of Neutral (at 20.88%): 31.19%
- Distance to lower bound of Neutral (at -20.88%): 10.57%
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Balanced trend energy determined for EURCAD through the Weekly candle data.
Market trend update: A +14.5% change from the previous candle, Market Energy is now -10.3% (previous: -24.8%).
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 08-01-2024 closed, EURCAD was in Neutral with Market Energy -10.3%, 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 rose 14.5 percentage points from the previous candle — from -24.8% to -10.3%.
What state was EURCAD in on the previous Weekly candle?
The previous Weekly candle had EURCAD at -24.8%, Bear Bias — when this candle closed, EURCAD moved up to a higher zone: Bear Bias → Neutral.
Where does EURCAD energy sit within the Neutral zone?
At -10.3%, EURCAD is 31.19 points from the upper boundary of Neutral (20.88%) and 10.57 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bias with energy 43.4%; GER40 (European equities) in Bull Critical with energy 69.4%. Against this backdrop, EURCAD (Neutral, -10.3%) 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 Bear Bias with Market Energy -58.5%. EURCAD energy is currently above DXY by 48.2 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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