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| Price | ▲ 0.02% | ▼ 0.13% | ▼ 0.38% | ▼ 0.55% |
| Energy | ▼ 0.5 | ▼ 7.8 | ▼ 25.2 | ▼ 31.7 |
Trend of Bear Critical USDCNH Daily
▸When USDCNH is in Bear Critical:
- then USDCNH moved to higher Market State: 103 times — 69.1%
- then USDCNH moved to lower Market State: 46 times — 30.9%
▸Current USDCNH market energy: -62.81%
- Distance to upper bound of Bear Critical (at -60%): 2.81%
- Distance to lower bound of Bear Critical (at -74.5%): 11.69%
"Does history really repeat itself?" — 2AITRADING
USDCNH recorded in the Bear Critical level as the Daily candle ended.
Looking at the energy level, Market Energy reading dropped -31.7%, moving from -31.2% to -62.8% after the Daily candle.
Time in Bear Critical energy zone: 1 Daily 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.
Over the past 5 days, USDCNH Market Energy ranged from -62.8 to +2.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did USDCNH price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 04-11-2020 closed, USDCNH was at 6.6259, down 0.55% from the previous candle (6.6623). Market Energy was -62.8%, down 31.7 points from -31.2%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did USDCNH price move on this Daily candle, and how large is that historically?
USDCNH closed at 6.6259, down 0.55% from the previous Daily candle (6.6623). This drop is larger than 95% of past drops on the Daily timeframe for USDCNH, across 578 candles since 2019.
How did USDCNH Market Energy change from the previous candle?
Market Energy fell 31.7 percentage points from the previous candle — from -31.2% to -62.8%. This drop is larger than 93% of past drops on the Daily timeframe for USDCNH.
Do USDCNH 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 USDCNH in on the previous Daily candle?
The previous Daily candle had USDCNH at -31.2%, Bear Bias — when this candle closed, USDCNH moved down to a lower zone: Bear Bias → Bear Critical.
Where does USDCNH energy sit within the Bear Critical zone?
At -62.8%, USDCNH is 2.81 points from the upper boundary of Bear Critical (-60%) and 11.69 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bear Critical mean?
Bear Critical 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 Critical 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 -39.8%; GER40 (European equities) in Bull Critical with energy 71.4%. Against this backdrop, USDCNH (Bear Critical, -62.8%) 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 Neutral with Market Energy -17%. USDCNH energy is currently below DXY by 45.8 points.
See the real-time energy chart for USDCNH.
Open Energy ChartSee the full 2AiTrading Model data for USDCNH on the USDCNH overview →
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