Mataf > Tools / Charts > Currency Trend
This tool gives the strength of the trend for currency and pair.
How does it work ? If we have a downtrend on EURUSD then we could say that EUR is in a downtrend and USD in an uptrend. If we do the same thing on several pairs then we could calculate a strength index for each currency.
- EURUSD is down = EUR is down, USD is up
- GBPUSD is down = GBP is down, USD is up
- EURGBP is up = EUR is up, GBP is down
- EUR : 1x downtrend, 1x uptrend
- USD : 2x uptrend
- GBP : 2x downtrend
We could say that GBPUSD is the best trend. Now you can do it with many pairs…
Please Wait… Our computer is working for you !
It could take 1 or 2 min but it’s a really cool tool
It’s a beta version, I work to improve your experience
- House of trading
- EUR/USD, USD/CHF, GBP/USD, USD/JPY, GBP/JPY, EUR/GBP, EUR/CHF, EUR/JPY, USD/CAD, EUR/CAD, AUD/USD, EUR/AUD,
- Forex correlation
- Forex Volatility
- Economic calendar
- Forex Pivot points
- Woodie Pivot points
- Fibonacci Pivot points
- Forex Session
- Currency index
- + Currency Converter
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Currency Trend – Mataf