Currency Strength Matrix for week starting 24.05.2020
|
EUR |
GBP |
AUD |
NZD |
USD |
CAD |
CHF |
JPY |
TOTALS |
| EUR |
|
0 |
0 |
0 |
1 |
0 |
0 |
1 |
+1 |
| GBP |
0 |
|
0 |
0 |
0 |
0 |
0 |
0 |
-5 |
| AUD |
1 |
1 |
|
1 |
1 |
1 |
1 |
1 |
+7 |
| NZD |
0 |
1 |
0 |
|
0 |
0 |
0 |
0 |
-1 |
| USD |
0 |
1 |
0 |
0 |
|
0 |
0 |
0 |
-4 |
| CAD |
0 |
1 |
0 |
0 |
1 |
|
0 |
1 |
+2 |
| CHF |
0 |
0 |
0 |
1 |
1 |
0 |
|
1 |
+2 |
| JPY |
0 |
1 |
0 |
0 |
1 |
0 |
0 |
|
-2 |
This Currency Strength Matrix table (above) is updated every weekend, and is calculated based on daily chart structure from close of market each Friday. For a live version of our 'Matrix' please download our MT4 Currency Strength indicator. For more information on this indicator, see below.
Currency Strength Matrix MT4 indicator
See currency strength like never before with our real time strength indicator. See trend, strength and momentum in the FX markets as it happens, with this dynamic chart indicator, available on Metatrader 4
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Matrix score summary table (Weekly Change)
| |
Last Week |
This Week |
Change |
| EUR |
-2 |
+1 |
+3 |
| GBP |
-5 |
-5 |
0 |
| AUD |
+5 |
+7 |
+2 |
| NZD |
-3 |
-1 |
+2 |
| USD |
-1 |
-4 |
-3 |
| CAD |
-1 |
+2 |
+3 |
| CHF |
+2 |
+2 |
0 |
| JPY |
+5 |
-2 |
-7 |
Weekly Market Note
Possible trending buys this week
AUDUSD
Possible trending sells this week
GBPAUD
Possible counter trend buys this week
GBPAUD
Possible counter trend sells this week
AUDUSD
NOTE - The markets listed above are based on the pairings of the strongest and weakest currencies from
our 'Matrix' as we start the new trading week. Additional pirings will be found using or live indicator, which will give earlier signals and works across all time frames. Please use your own judgement before entering these markets.
If trading counter trend/reversals, please check the charts to see if current trends/phases
are over extended before considering counter trend options.
