🧐 What is forex strength meter and How does it work?
Improve your Forex trading with this full featured Currency Strength Meter. Fast, accurate currency strength data allows you to quickly scan the Forex market to find the best trade opportunities. Features include access to a dedicated currency strength data feed, bar charting, line charting, multiple time-frames plus much more. What is Currency Strength? Currency strength is a popular indicator used by Forex traders to make sense of price moves in the Forex market. It takes advantage of price correlation between various Forex pairs. Currency strength is measured for 8 currencies (USD, JPY, EUR, GBP, AUD, NZD, CHF & CAD) and is reported on a scale of 0 (weakest) to 10 (strongest). Currency strength data provides the trader with important insights into the forces at play causing a move on a particular Forex pair. For example, if GBP/USD suddenly trends upwards following an economic news announcement (e.g. US Non-Farm Payroll), the currency strength values would immediately indicate whether the move was due to generalized GBP strength or USD weakness. Features: Streaming currency strength data feed - fast updates, low latency. Accurate and reliable 8 currencies and 4 currency strength time-frames. Currency strength resolution down to 1 min on lower time-frames. Bar Chart. Multiple time-frames, history viewer feature, real-time max/min highlighting. Line Chart. For real-time and historical data. Multiple time-frames, zoom. Customizable currencies, gridlines etc. Dark Mode support (requires IOS13+) Multiple bar chart color themes. Adjustable chart Time-Zone. Match the time-zone to your Forex charts. Built-in Help / User Guide. Detailed description of all features. Priority Support. Contact us directly from within the App. An optional Data Booster Pack option adds 2 extra time-frames: M15 and H1 Privacy Policy: https://www.currencystrengthmeter.net/privacy/ Terms of Use: https://www.currencystrengthmeter.net/terms/
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