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Live Currency Strength Meter
Use the Live Currency Strength Meter to compare the performance of major currencies relative to others in real time. And to help you visualise it better, we’ve even colour coded the data to provide you with a clear overview of the live Forex market!
Strongest currencies that perform against other currencies are marked green, while the weakest are marked red.
This table updates in real time and compares current currencies performance against each other with the quotes at the close of previous trading day. % indicates how currency performance changed against the one we compare it with previous day close up until this very moment.
Live Currency Strength Meter
EA for MetaTrader 4/5
Identify the strength (or weakness) of various currencies relative to others in real time directly in your trading platform! USD, EUR, GPB, CHF, JPY, CAD and more - you can compare them all!
DownloadWhat is a Currency Strength Meter?
Live Currency Strength Meter is a visual guide that determines what currencies are currently performing strongly, and those that are currently weak. The Switch Markets Live Currency Strength Meter is a simple concept that uses the exchange rates of different currency pairs in order to provide a visual representation of the performance of each individual currency.
Want To Customise Your Own Currency Strength Meter?
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FAQs
Read our frequently asked questions below. If you still need help, contact us today.
How Does The Live Currency Strength Meter Work?
Our currency strength meter is a technical tool that uses historical data and live data to provide traders with a quick visual guide to which are the strongest currencies and which are the weakest one.
For instance, at the time of writing this the United States Dollar index is weighted as follows: Euro 57.6%,Yen 13.6%, British Pound 11.9%, Canadian Dollar 9.1%, Swedish Krona 4.2%, Swiss Franc 3.6%. Our meter is based on more pairs and takes the average gain or loss over a couple of time-frames to provide an overall strength of the currency.
Why Should I Use The Live Currency Strength Meter?
The Switch Markets Live Currency Strength Indicator helps traders clearly identify which trading currencies are the strongest and which are the weakest currencies using different time frames. It also saves traders time. The Switch Markets Currency Strength Indicator is fully customisable and free for all to use.
How To Use The Live Currency Strength Meter?
How Do You Measure the Strength of a Currency?
The percentages demonstrate how the currency performance compares to the Close price of the last trading day up until right now. The best performing currencies are coloured dark green, whilst the weakest currencies are coloured dark red.
How Do You Know If a Currency Is Weak or Strong?
What Makes Currencies Strong or Weak?
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