The Forex Strength Meter measures the decorrelated and normalized strength of the major currencies USD (US Dollar), CAD (Canadian Dollar), EUR (Euro), GBP (British Pound), AUD (Australian Dollar), NZD (New Zealand Dollar), JPY (Japanese Yen), and CHF (Swiss Franc). Each currency is shown over a selectable time period (today, last 24 hours, this week, this month, this year, ...). Forex strength can be used for instance for trading strong/weak pairs (to maximize profits due to volatility or ranges), divergences, etc.
Calculation
What variables are used to calculate currency strength?
United StatesUmmm... No!
I read the review posted and thought... sounds great! Upon downloading... I find this app to be pointless and ineffective. I mean it’s a bunch of squiggly lines with absolutely no direction or explanation on how to use it. My guess is that the highest squiggly line is the strongest currency and the lowest squiggly line is the weakest but who knows! This compared to the Currency Heatwave also found in the App Store is an embarrassment. To the developer... I appreciate the effort... truly... but it needs much more development.
United StatesBest currency indicator on the AppStore
Trust me this is the best currency meter on the AppStore I can’t believe this is even free I paid for other services that doesn’t even sum up the data resulting in timeframe disagreements Weldon developer. I would love to pay to get rid of the ads even tho it’s not intrusive 👏
United StatesBrilliant app
very very useful trading tool ,, Simple and very effective sums up data in a way that takes alot of time to do manually ,, and also very accurate and real time just brilliant by the developers top work !
United States
Bug fixes.
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