Trading Tools

Currency Strength Meter

Which currencies are gaining momentum and which are falling behind? This tool measures the relative performance of 8 major currencies based on real price data from 28 forex pairs.

8 Currencies
28 Forex Pairs
Updated Every 5 min
6 Timeframes

Current Strength

Sorted from strongest to weakest based on average price movement

Timeframe
Based on 28 forex pairs, updated every 5 minutes

Understanding Currency Strength

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What does this show?

Every currency is part of many trading pairs. The Euro, for example, appears in EUR/USD, EUR/GBP, EUR/JPY and many others. When the Euro rises against most of them, it means the Euro is getting stronger overall. This meter measures exactly that.

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Why compare currencies?

Looking at one pair (like EUR/USD) only tells you half the story. Is the Euro rising, or is the Dollar falling? The strength meter answers this by measuring each currency against all the others at once. It gives you the full picture.

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How to read the bars

The center line is zero (no change). Bars going right (green) mean the currency is gaining value. Bars going left (red) mean it is losing value. The longer the bar, the stronger the move. Currencies are sorted from strongest at the top to weakest at the bottom.

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What traders look for

Traders often look for divergence: when one currency is clearly strong and another is clearly weak. A pair made of the strongest and weakest currency tends to have a clearer trend than a pair where both currencies are close in strength.

How we calculate it

1

Collect prices

We take the latest bid price for all 28 major and cross forex pairs directly from our MT5 trading server.

2

Measure movement

For each pair, we compare the current price to the previous price and calculate the percentage change.

3

Score each currency

If EUR/USD rises, that counts as a plus for EUR and a minus for USD. We average all the scores across every pair a currency appears in.

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Risk Warning

Trading over-the-counter (OTC) derivatives involves the use of leverage, which can significantly increase both potential gains and potential losses. These products carry a high level of risk and may not be suitable for every investor. It is possible to lose more than your initial deposit, as you do not have ownership or any rights to the underlying asset. Always trade responsibly and only with money you can afford to lose.