Forex Correlation Strategy
How can currency strength indicator help you
When most traders identify a trading opportunity, they usually look at a currency pair in isolation. For example, if a trader goes long on USD/JPY, they often just conclude that the dollar will appreciate against the yen but do not consider the bigger picture of dollar strengthening in general. Currency strength meter app allows you to monitor the real-time strength of eight major currencies to help confirm trade setups.
Historical Currency Strength
in Multiple Timeframes
Our Currency Strength Meter App enables you to observe how the market strength dynamic changes over different periods and keep tracking historical data of the most significant currencies. You can conveniently customize the timeframe setting to fit your trading strategy. Whether you are scalping, swing trading or day trading, you can seek validation of your trading signals and fine-tune the accuracy of your trading strategy.
Strength & Weakness
Receive instant notifications when the strength and weakness of certain currencies change. Alerts can be a vital tool to assist with timing when to enter and exit positions at the right time. Your alerts can be configured for specific currencies and preferred timeframes.
Get your 7-Days
Whenever you need an indicator that can tell you when it's safe and unsafe to trade, try the premium FX Power Meter App, with seven days, free of charge, and see the increase of profitability of your foreign exchange trading strategy.