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| Price | ▲ 0.14% | ▼ 0.25% | ▼ 0.40% | ▼ 0.21% |
| Energy | ▲ 6.2 | ▼ 16.9 | ▼ 28.3 | ▼ 3.2 |
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: -69.05%
- Distance to upper bound of Bear Critical (at -60%): 9.05%
- Distance to lower bound of Bear Critical (at -74.5%): 5.45%
"Why does archaeology matter?" — 2AITRADING
Observing the completed Daily candle, USDCNH within Bear trend energy near extreme.
Market energy movement Market Energy moved from -65.9% to -69.1%, down -3.2% from the previous 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 -69.1 to +15.5.
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 03-05-2024 closed, USDCNH was at 7.1918, down 0.21% from the previous candle (7.2068). Market Energy was -69.1%, down 3.2 points from -65.9%, 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 7.1918, down 0.21% from the previous Daily candle (7.2068). This drop is larger than 68% of past drops on the Daily timeframe for USDCNH, across 1,668 candles since 2019.
How did USDCNH Market Energy change from the previous candle?
Market Energy fell 3.2 percentage points from the previous candle — from -65.9% to -69.1%. This drop is larger than 19% of past drops on the Daily timeframe for USDCNH.
Do USDCNH 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 USDCNH in on the previous Daily candle?
The previous Daily candle had USDCNH at -65.9%, Bear Critical — this candle kept the same state, no zone change.
Where does USDCNH energy sit within the Bear Critical zone?
At -69.1%, USDCNH is 9.05 points from the upper boundary of Bear Critical (-60%) and 5.45 points from the lower boundary (-74.5%) — so energy sits closer to the lower 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 Bull Critical with energy 71.5%; GER40 (European equities) in Bull Bias with energy 29.3%. Against this backdrop, USDCNH (Bear Critical, -69.1%) 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 Extreme with Market Energy -91.5%. USDCNH (Bear Critical) and DXY currently sit on the same Bear side.
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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