Currency Strength Meter
Ranks the eight major currencies by average move across every pair they participate in. Toggle 24h / 1w / 1m windows to switch between intraday, swing, and macro reads.
Daily history is being prepared. The strength ranking will populate shortly.
Each currency's strength is the average % move over the window across every major pair it participates in (the move is signed against the quote currency). Top of the list = strongest in the window.
For each pair we compute the total percent return over the window. We then aggregate by currency:
for each pair P: ret[P] = (latest_close - close_N_days_ago) / close_N_days_ago base_currency += +ret[P] quote_currency += -ret[P] strength[c] = average over all pairs that include c
Each currency's final score is the average of all signed returns it touches. Sorting the eight majors by that score gives the live ranking.
If EUR/USD is +1.0% over the week, GBP/USD +0.5%, and USD/JPY +0.3%:
- USD strength = (-1.0 + -0.5 + +0.3) / 3 ≈ -0.40% (USD weakened on average)
- EUR strength = +1.0% / 1 = +1.00% (against the pairs we measured)
- GBP strength = +0.50%
- JPY strength = -0.30%
Trade idea from this snapshot: long EUR/JPY captures EUR strength and JPY weakness in the same position.
What is a currency strength meter?
A strength meter ranks individual currencies (not pairs) by how much they have appreciated or depreciated against a basket of other currencies in a given window. The strongest currency rises against most peers; the weakest falls against most peers.
How is strength calculated?
For each currency we average its return over the window across every major pair it participates in, signing the move correctly so a rise in EUR/USD counts as positive EUR strength and equivalent negative USD strength. The result is a single percent figure per currency, sorted strongest to weakest.
How should I use it in trading?
The cleanest setups pair the strongest currency long against the weakest currency short. If EUR is +1.5% on the week and JPY is -1.2%, going long EUR/JPY captures both legs of relative strength. Avoid trading two strong-against-strong or weak-against-weak pairings — the move is muted.
Which window should I use?
The 24h window captures the day's flow and is best for intraday timing. The 1w window picks up cleaner trends and is the most-watched by swing traders. The 1m window smooths through noise and is best for confirming the macro backdrop before sizing up.
Why are CHF, CAD, and NZD shown if they are not in my account currency list?
Strength is measured across all eight majors regardless of your account currency. The pip and position-size calculators support USD/EUR/GBP accounts because those are the most common, but the strength meter is universal.