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To answer my own questions: the above understanding is incorrect and prices in the past are not considered.

My confusion during my testing was due to the current price still being considered in the evaluation, even up to 29 mins after it had started. This is the behaviour regardless of the evaluation mode.

Keeping or ignoring the current price probably depends on the use so I'll raise a FR to offer possible improvements to that.

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Answer selected by sshaikh
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