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| Price | ▼ 0.21% | ▼ 0.71% | ▼ 0.21% | ▲ 0.04% |
| Energy | ▲ 11.1 | ▼ 9.1 | ▼ 2.1 | ▲ 5.2 |
Trend of Bear Critical USDCNH Weekly
▸When USDCNH is in Bear Critical:
- then USDCNH moved to higher Market State: 15 times — 62.5%
- then USDCNH moved to lower Market State: 9 times — 37.5%
▸Current USDCNH market energy: -64.36%
- Distance to upper bound of Bear Critical (at -60%): 4.36%
- Distance to lower bound of Bear Critical (at -74.5%): 10.14%
"Does history really repeat itself?" — 2AITRADING
Reading from the Weekly candle, USDCNH reflects the near-peak Bear energy level.
At the Weekly session close, Market Energy at -64.4%, up +5.2% from -69.5% in the previous candle.
Time in Bear Critical 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did USDCNH price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 02-09-2024 closed, USDCNH was at 7.101, up 0.04% from the previous candle (7.0982). Market Energy was -64.4%, up 5.2 points from -69.5%, 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 Weekly candle, and how large is that historically?
USDCNH closed at 7.101, up 0.04% from the previous Weekly candle (7.0982). This rise is larger than 7% of past rises on the Weekly timeframe for USDCNH, across 331 candles since 2019.
How did USDCNH Market Energy change from the previous candle?
Market Energy rose 5.2 percentage points from the previous candle — from -69.5% to -64.4%. This rise is larger than 33% of past rises on the Weekly timeframe for USDCNH.
Do USDCNH price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. 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 -69.5%, Bear Critical — this candle kept the same state, no zone change.
Where does USDCNH energy sit within the Bear Critical zone?
At -64.4%, USDCNH is 4.36 points from the upper boundary of Bear Critical (-60%) and 10.14 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 Bull Critical with energy 62.6%; GER40 (European equities) in Bull Bias with energy 29.9%. Against this backdrop, USDCNH (Bear Critical, -64.4%) 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 Bull Bias with Market Energy 54.1%. USDCNH (Bear Critical) and DXY currently sit on opposite sides.
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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