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πŸ’ͺ Analysis Tool

Currency Strength Meter

Analyze the relative strength of 8 major currencies in real-time.

Timeframe

πŸ’ͺ Currency Strength Rankings

Relative strength based on 1D performance across all 28 major pairs

πŸ‡¦πŸ‡Ί
AUD #1
Australian Dollar
+0.779% STRONG
Weak Neutral Strong
πŸ‡³πŸ‡Ώ
NZD #2
New Zealand Dollar
+0.258% BULLISH
Weak Neutral Strong
πŸ‡¨πŸ‡­
CHF #3
Swiss Franc
+0.155% NEUTRAL
Weak Neutral Strong
πŸ‡¨πŸ‡¦
CAD #4
Canadian Dollar
-0.036% NEUTRAL
Weak Neutral Strong
πŸ‡¬πŸ‡§
GBP #5
British Pound
-0.118% NEUTRAL
Weak Neutral Strong
πŸ‡ͺπŸ‡Ί
EUR #6
Euro
-0.159% NEUTRAL
Weak Neutral Strong
πŸ‡ΊπŸ‡Έ
USD #7
US Dollar
-0.319% BEARISH
Weak Neutral Strong
πŸ‡―πŸ‡΅
JPY #8
Japanese Yen
-0.550% WEAK
Weak Neutral Strong

🎯 Trading Opportunities

Entry/SL/TP based on current strength analysis

πŸ‡¦πŸ‡Ί AUD/JPY πŸ‡―πŸ‡΅
BUY HIGH
Entry 109.399
Stop Loss
109.199 -20 pips
Take Profit 1
109.799 +40 pips 1:2
Take Profit 2
109.999 +60 pips 1:3
Divergence 66.4
Spread 0.01094

πŸ‡¦πŸ‡Ί AUD #1 vs πŸ‡―πŸ‡΅ JPY #8

πŸ‡³πŸ‡Ώ NZD/USD πŸ‡ΊπŸ‡Έ
BUY MEDIUM
Entry 0.60409
Stop Loss
0.60209 -20 pips
Take Profit 1
0.60809 +40 pips 1:2
Take Profit 2
0.61009 +60 pips 1:3
Divergence 28.8
Spread 0.00006

πŸ‡³πŸ‡Ώ NZD #2 vs πŸ‡ΊπŸ‡Έ USD #7

πŸ‡¨πŸ‡­ CHF/EUR πŸ‡ͺπŸ‡Ί
BUY MEDIUM
Entry 1.09105
Stop Loss
1.08905 -20 pips
Take Profit 1
1.09505 +40 pips 1:2
Take Profit 2
1.09705 +60 pips 1:3
Divergence 15.7
Spread 0.00011

πŸ‡¨πŸ‡­ CHF #3 vs πŸ‡ͺπŸ‡Ί EUR #6

⚠️ For educational purposes only. Always use proper risk management.

πŸ”₯ Strength Matrix

Cross-currency performance heat map

BASE β†’
↓ QUOTE
πŸ‡ΊπŸ‡Έ USD πŸ‡ͺπŸ‡Ί EUR πŸ‡¬πŸ‡§ GBP πŸ‡―πŸ‡΅ JPY πŸ‡¨πŸ‡­ CHF πŸ‡¨πŸ‡¦ CAD πŸ‡¦πŸ‡Ί AUD πŸ‡³πŸ‡Ώ NZD
πŸ‡ΊπŸ‡Έ USD β€”
-0.14%
-0.17%
+0.20%
-0.42%
-0.24%
-0.95%
-0.51%
πŸ‡ͺπŸ‡Ί EUR
+0.14%
β€”
-0.03%
+0.35%
-0.28%
-0.11%
-0.81%
-0.37%
πŸ‡¬πŸ‡§ GBP
+0.17%
+0.03%
β€”
+0.38%
-0.24%
-0.08%
-0.78%
-0.31%
πŸ‡―πŸ‡΅ JPY
-0.20%
-0.35%
-0.38%
β€”
-0.61%
-0.45%
-1.15%
-0.71%
πŸ‡¨πŸ‡­ CHF
+0.42%
+0.28%
+0.24%
+0.62%
β€”
+0.17%
-0.55%
-0.09%
πŸ‡¨πŸ‡¦ CAD
+0.24%
+0.11%
+0.08%
+0.45%
-0.17%
β€”
-0.71%
-0.25%
πŸ‡¦πŸ‡Ί AUD
+0.96%
+0.82%
+0.78%
+1.17%
+0.55%
+0.72%
β€”
+0.45%
πŸ‡³πŸ‡Ώ NZD
+0.51%
+0.37%
+0.31%
+0.71%
+0.09%
+0.25%
-0.45%
β€”
Weak
Strong
πŸ’‘ Learn

Understanding Currency Strength

πŸ“Š

How It Works

Currency strength measures each currency's performance against all other majors. Positive scores indicate buying pressure, negative scores show selling pressure.

🎯

Finding Trades

Look for high divergence between strongest and weakest currencies. Buy the strong currency against the weak one for high-probability setups.

⏱️

Timeframe Alignment

Use multiple timeframes for confirmation. When 1H, 4H and 1D all agree on strength direction, the signal is more reliable.

❓ FAQ

Frequently Asked Questions

What is a currency strength meter?

A currency strength meter measures the relative strength of major currencies by analyzing their performance against each other. It calculates how each currency (USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD) is performing across all its pairs, helping traders identify which currencies are strong (bullish) or weak (bearish) for better trade selection.

How does the currency strength meter calculate strength?

Currency strength is calculated by measuring each currency's percentage change against all 7 other major currencies over the selected timeframe. The values are normalized to a -100 to +100 scale. Positive values indicate strength (the currency is gaining), while negative values indicate weakness (the currency is declining).

What timeframes are available on the currency strength meter?

Five timeframes are available: 1H (1 hour) for scalping, 4H (4 hours) for intraday trading, 1D (daily) for swing trading, 1W (weekly) for position trading, and 1M (monthly) for long-term trend analysis.

How do I use currency strength for trading?

The best strategy is to pair the strongest currency against the weakest. For example, if USD shows +50 strength and JPY shows -40, consider buying USD/JPY. Look for divergence greater than 30% between currencies for higher probability setups. Always combine with technical analysis and proper risk management.

What is the strength matrix?

The strength matrix is a heatmap showing performance of all 28 currency pair combinations. Green cells indicate the row currency is outperforming the column currency, red cells show underperformance. It allows you to quickly scan all cross-pairs and identify the strongest directional moves.

Where does the currency strength data come from?

Real-time forex data is sourced from Massive.com (Polygon.io), which provides institutional-grade market data from major exchanges. During market hours, data updates via WebSocket for real-time accuracy.

How often does the currency strength meter update?

During forex market hours (Sunday 5PM - Friday 5PM EST), the currency strength meter updates in real-time via WebSocket connection. When the market is closed, it displays the last available data. Each page load fetches fresh data from the API.

What are Trading Opportunities?

Trading Opportunities automatically identify currency pairs with the highest divergence between strong and weak currencies. Each opportunity shows the pair, direction (buy/sell), confidence level based on strength divergence, and suggested entry, stop loss, and take profit levels as starting points.

Can I use multiple timeframes for confirmation?

Yes, multi-timeframe analysis improves accuracy. When currency strength aligns across 1H, 4H, and 1D timeframes, the signal is more reliable. For example, if USD is strong on all three timeframes, the bullish USD trend has stronger confirmation.

Is the currency strength meter free to use?

Yes, the currency strength meter is completely free with no registration required. It provides real-time data, multiple timeframes, strength matrix, and trading opportunities at no cost. The tool is for educational and informational purposes - always do your own research before trading.