Relative Strength of Currencies Update

February 6, 2006 by Trader Rich 

From looking at my Relative Strength charts at http://www.forexproject.com/staticfiles/forex_relative_strength.php, I’m finding that the 14-day EMA may be the best to use to gauge true strength of currencies at any given time.

The chart receives live hourly updates starting each day at 2 p.m. so the delay at most in the afternoon is only an hour.

Currently, we can see that the USD is quite strong, while the GBP is weakening, and the JPY strengthening.

Forex Strength Weakness 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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