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| Price | ▲ 3.16% | ▼ 1.41% | ▲ 5.38% | ▼ 3.63% |
| Energy | ▲ 3.8 | ▼ 2.2 | ▲ 4.4 | ▼ 7.7 |
Trend of Bull Bias TRXUSD Weekly
▸When TRXUSD is in Bull Bias:
- then TRXUSD moved to higher Market State: 14 times — 33.3%
- then TRXUSD moved to lower Market State: 28 times — 66.7%
▸Current TRXUSD market energy: 58.72%
- Distance to upper bound of Bull Bias (at 60%): 1.28%
- Distance to lower bound of Bull Bias (at 20.88%): 37.84%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Weekly session concludes, Market Energy of TRXUSD indicates trend energy leaning Bull.
The energy side shows Market Energy dropped -7.7% this candle, currently 58.7% (previous candle 66.4%).
Time in Bull 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 14-10-2024 closed, TRXUSD was at 0.1567, down 3.63% from the previous candle (0.1626). Market Energy was 58.7%, down 7.7 points from 66.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did TRXUSD price move on this Weekly candle, and how large is that historically?
TRXUSD closed at 0.1567, down 3.63% from the previous Weekly candle (0.1626). This drop is larger than 40% of past drops on the Weekly timeframe for TRXUSD, across 302 candles since 2019.
How did TRXUSD Market Energy change from the previous candle?
Market Energy fell 7.7 percentage points from the previous candle — from 66.4% to 58.7%. This drop is larger than 48% of past drops on the Weekly timeframe for TRXUSD.
Do TRXUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was TRXUSD in on the previous Weekly candle?
The previous Weekly candle had TRXUSD at 66.4%, Bull Critical — when this candle closed, TRXUSD moved down to a lower zone: Bull Critical → Bull Bias.
Where does TRXUSD energy sit within the Bull Bias zone?
At 58.7%, TRXUSD is 1.28 points from the upper boundary of Bull Bias (60%) and 37.84 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bull Bias with energy 57.8%; GER40 (European equities) in Bull Extreme with energy 76.9%. Against this backdrop, TRXUSD (Bull Bias, 58.7%) 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 Bear Bias with Market Energy -47.9%. TRXUSD (Bull 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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