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Trend of Bear Bias TRXUSD Weekly
▸When TRXUSD is in Bear Bias:
- then TRXUSD moved to higher Market State: 18 times — 94.7%
- then TRXUSD moved to lower Market State: 1 times — 5.3%
▸Current TRXUSD market energy: -47.37%
- Distance to upper bound of Bear Bias (at -20.88%): 26.49%
- Distance to lower bound of Bear Bias (at -60%): 12.63%
"Does history really repeat itself?" — 2AITRADING
Bear Bias of Market Energy recorded from just-completed Weekly candle data for TRXUSD.
The energy side shows Market Energy showed no change, currently -47.4%.
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.
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What did TRXUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 18-06-2018 closed, TRXUSD had Market Energy -47.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
Where does TRXUSD energy sit within the Bear Bias zone?
At -47.4%, TRXUSD is 26.49 points from the upper boundary of Bear Bias (-20.88%) and 12.63 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 Bear Bias with energy -31.2%; GER40 (European equities) in Bull Bias with energy 47.2%. Against this backdrop, TRXUSD (Bear Bias, -47.4%) lower than GER40; sits in the same state zone as SPX500.
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 Extreme with Market Energy 89.1%. TRXUSD (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for TRXUSD.
Open Energy ChartSee the full 2AiTrading Model data for TRXUSD on the TRXUSD overview →
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