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| Price | ▼ 0.69% | ▼ 0.38% | ▲ 0.30% | ▼ 0.18% |
| Energy | ▼ 7.0 | ▼ 14.9 | ▼ 2.8 | ▼ 5.0 |
Trend of Bull Bias USDCNH Weekly
▸When USDCNH is in Bull Bias:
- then USDCNH moved to higher Market State: 17 times — 37%
- then USDCNH moved to lower Market State: 29 times — 63%
▸Current USDCNH market energy: 34.72%
- Distance to upper bound of Bull Bias (at 60%): 25.28%
- Distance to lower bound of Bull Bias (at 20.88%): 13.84%
"Let data guide you, but never trust it completely" — 2AITRADING
Right as the Weekly candle closes, USDCNH within trend energy leaning Bull.
Looking at the energy level, The energy level dropped -5%: from 39.7% now at 34.7%.
Time in Bull Bias energy zone: 4 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 USDCNH price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 04-07-2022 closed, USDCNH was at 6.6898, down 0.18% from the previous candle (6.7022). Market Energy was 34.7%, down 5.0 points from 39.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did USDCNH price move on this Weekly candle, and how large is that historically?
USDCNH closed at 6.6898, down 0.18% from the previous Weekly candle (6.7022). This drop is larger than 30% of past drops on the Weekly timeframe for USDCNH, across 218 candles since 2019.
How did USDCNH Market Energy change from the previous candle?
Market Energy fell 5 percentage points from the previous candle — from 39.7% to 34.7%. This drop is larger than 36% of past drops on the Weekly 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 Weekly candle?
The previous Weekly candle had USDCNH at 39.7%, Bull Bias — this candle kept the same state, no zone change.
Where does USDCNH energy sit within the Bull Bias zone?
At 34.7%, USDCNH is 25.28 points from the upper boundary of Bull Bias (60%) and 13.84 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Neutral with energy 11%; GER40 (European equities) in Bull Critical with energy 60.7%. Against this backdrop, USDCNH (Bull Bias, 34.7%) has higher energy than SPX500; lower than 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 -11.3%. USDCNH energy is currently above DXY by 46.1 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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