Analysis

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Candle open
Price and energy
NEARUSD from 1.277 to 1.636, up 28.11%
Market Energy Bull Extreme 93.0% to Bull Extreme 99.7%, up 6.6 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 6.12%▲ 2.82%▲ 20.93%▲ 28.11%
Energy▼ 13.1▲ 9.8▲ 129.7▲ 6.6
Volatility trend chart · last 4 sessions
▼ 6.12%▲ 2.82%▲ 20.93%▲ 28.11%▼ 13.1▲ 9.8▲ 129.7▲ 6.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 28.11% — higher than 83% of past rises
0%255075100%
Energy up 6.6 pts — higher than 36% of past rises
RESEARCH

Trend of Bull Extreme NEARUSD Weekly

Sample: 309 Weekly candles from 2020-10-19 to 2026-09-14
Number of Bull Extreme occurrences: 12 times

▸When NEARUSD is in Bull Extreme:

  • then NEARUSD moved to higher Market State: 0 times — 0%
  • then NEARUSD moved to lower Market State: 12 times — 100%

▸Current NEARUSD market energy: 99.65%

  • Distance to peak 100%: 0.35%
  • Distance to lower bound of Bull Extreme (at 74.5%): 25.15%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NEARUSD · W1 · 2023-10-30 00:00 UTC
Preview the last 30 candles — price and energy
View live NEARUSD chart →
Market Energy
93.0%
Bull Extreme
99.7%
Bull Extreme
93.6%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Measurement result after the Weekly candle closes, NEARUSD within the extreme Bull energy zone.

Per the 2AiTrading energy measurement system, Market Energy at 99.7%, up +6.6% from 93% in the previous candle.

Time in Bull Extreme energy zone: 2 Weekly Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Not enough data in the past 5 days to show a range.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did NEARUSD price and energy show when this Weekly candle closed?

When the Weekly candle at 07:00 on 30-10-2023 closed, NEARUSD was at 1.636, up 28.11% from the previous candle (1.277). Market Energy was 99.7%, up 6.6 points from 93%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

How much did NEARUSD price move on this Weekly candle, and how large is that historically?

NEARUSD closed at 1.636, up 28.11% from the previous Weekly candle (1.277). This rise is larger than 83% of past rises on the Weekly timeframe for NEARUSD, across 158 candles since 2019.

How did NEARUSD Market Energy change from the previous candle?

Market Energy rose 6.6 percentage points from the previous candle — from 93% to 99.7%. This rise is larger than 36% of past rises on the Weekly timeframe for NEARUSD.

Do NEARUSD price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was NEARUSD in on the previous Weekly candle?

The previous Weekly candle had NEARUSD at 93%, Bull Extreme — this candle kept the same state, no zone change.

Where does NEARUSD energy sit within the Bull Extreme zone?

At 99.7%, NEARUSD is 0.35 points from the upper boundary of Bull Extreme (100%) and 25.15 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 -41.6%; GER40 (European equities) in Bear Bias with energy -36.4%. Against this backdrop, NEARUSD (Bull Extreme, 99.7%) 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 Neutral with Market Energy -13.2%. NEARUSD energy is currently above DXY by 112.9 points.

Real-time Energy Chart

See the real-time energy chart for NEARUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for NEARUSD on the NEARUSD overview →

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