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| Price | ▲ 0.25% | ▲ 1.07% | ▲ 0.28% | ▼ 3.81% |
| Energy | ▲ 1.5 | ▲ 14.7 | ▲ 11.4 | ▼ 68.0 |
Trend of Bear Bias GBPCHF Weekly
▸When GBPCHF is in Bear Bias:
- then GBPCHF moved to higher Market State: 50 times — 73.5%
- then GBPCHF moved to lower Market State: 18 times — 26.5%
▸Current GBPCHF market energy: -45.8%
- Distance to upper bound of Bear Bias (at -20.88%): 24.92%
- Distance to lower bound of Bear Bias (at -60%): 14.2%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the Weekly candle, GBPCHF recorded in Bear Bias.
On the measurement side, The energy level dropped -68%: from 22.2% now at -45.8%.
Time in Bear Bias 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPCHF price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 07-09-2020 closed, GBPCHF was at 1.1641, down 3.81% from the previous candle (1.2102). Market Energy was -45.8%, down 68.0 points from 22.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPCHF price move on this Weekly candle, and how large is that historically?
GBPCHF closed at 1.1641, down 3.81% from the previous Weekly candle (1.2102). This drop is larger than 99% of past drops on the Weekly timeframe for GBPCHF, across 88 candles since 2019.
How did GBPCHF Market Energy change from the previous candle?
Market Energy fell 68 percentage points from the previous candle — from 22.2% to -45.8%. This drop is larger than 99% of past drops on the Weekly timeframe for GBPCHF.
Do GBPCHF 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 GBPCHF in on the previous Weekly candle?
The previous Weekly candle had GBPCHF at 22.2%, Bull Bias — when this candle closed, GBPCHF moved down to a lower zone: Bull Bias → Bear Bias.
Where does GBPCHF energy sit within the Bear Bias zone?
At -45.8%, GBPCHF is 24.92 points from the upper boundary of Bear Bias (-20.88%) and 14.2 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear Bias 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 Bias 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 -6.7%; GER40 (European equities) in Bull Bias with energy 24.2%. Against this backdrop, GBPCHF (Bear Bias, -45.8%) 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 Critical with Market Energy -64.8%. GBPCHF (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for GBPCHF.
Open Energy ChartSee the full 2AiTrading Model data for GBPCHF on the GBPCHF overview →
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