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Live Currency Strength Meter

Use the Live Currency Strength Meter to compare the performance of major currencies relative to others in real time. And to help you visualise it better, we’ve even colour coded the data to provide you with a clear overview of the live Forex market!

1 Week
1 Day
4 Hours
1 Hour
EUR
USD
AUD
GBP
NZD
CAD
CHF
JPY
SGD
NOK
SEK
HKD
ZAR
MXN
PLN
XAU
country flag
EUR
0%
USD
EUR/USD
0%
AUD
EUR/AUD
0%
GBP
EUR/GBP
0%
NZD
EUR/NZD
0%
CAD
EUR/CAD
0%
CHF
EUR/CHF
0%
JPY
EUR/JPY
country flag
USD
0%
EUR
USD/EUR
0%
AUD
USD/AUD
0%
GBP
USD/GBP
0%
NZD
USD/NZD
0%
CAD
USD/CAD
0%
CHF
USD/CHF
0%
JPY
USD/JPY
country flag
AUD
0%
EUR
AUD/EUR
0%
USD
AUD/USD
0%
GBP
AUD/GBP
0%
NZD
AUD/NZD
0%
CAD
AUD/CAD
0%
CHF
AUD/CHF
0%
JPY
AUD/JPY
country flag
GBP
0%
EUR
GBP/EUR
0%
USD
GBP/USD
0%
AUD
GBP/AUD
0%
NZD
GBP/NZD
0%
CAD
GBP/CAD
0%
CHF
GBP/CHF
0%
JPY
GBP/JPY
country flag
NZD
0%
EUR
NZD/EUR
0%
USD
NZD/USD
0%
AUD
NZD/AUD
0%
GBP
NZD/GBP
0%
CAD
NZD/CAD
0%
CHF
NZD/CHF
0%
JPY
NZD/JPY
country flag
CAD
0%
EUR
CAD/EUR
0%
USD
CAD/USD
0%
AUD
CAD/AUD
0%
GBP
CAD/GBP
0%
NZD
CAD/NZD
0%
CHF
CAD/CHF
0%
JPY
CAD/JPY
country flag
CHF
0%
EUR
CHF/EUR
0%
USD
CHF/USD
0%
AUD
CHF/AUD
0%
GBP
CHF/GBP
0%
NZD
CHF/NZD
0%
CAD
CHF/CAD
0%
JPY
CHF/JPY
country flag
JPY
0%
EUR
JPY/EUR
0%
USD
JPY/USD
0%
AUD
JPY/AUD
0%
GBP
JPY/GBP
0%
NZD
JPY/NZD
0%
CAD
JPY/CAD
0%
CHF
JPY/CHF
percentage icon
Percentage
pip icon
Pips

Strongest currencies that perform against other currencies are marked green, while the weakest are marked red.

The pair is above prior bar's high
The pair is above prior bar's close but below the high
The pair is flat
The pair is below prior bar's close but above the low
The pair is below prior bar's low

This table updates in real time and compares current currencies performance against each other with the quotes at the close of previous trading day. % indicates how currency performance changed against the one we compare it with previous day close up until this very moment.

currency markets on mobile

Live Currency Strength Meter
EA for MetaTrader 4/5

Identify the strength (or weakness) of various currencies relative to others in real time directly in your trading platform! USD, EUR, GPB, CHF, JPY, CAD and more - you can compare them all!

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What is a Currency Strength Meter?

Live Currency Strength Meter is a visual guide that determines what currencies are currently performing strongly, and those that are currently weak. The Switch Markets Live Currency Strength Meter is a simple concept that uses the exchange rates of different currency pairs in order to provide a visual representation of the performance of each individual currency.

Want To Customise Your Own Currency Strength Meter?

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FAQs

Read our frequently asked questions below. If you still need help, contact us today.

How Does The Live Currency Strength Meter Work?

Live Currency Strength Meter, also often called a Currency Strength Indicator uses the exchange rates of different forex pairs in order to provide a visual representation of the strength of each currency.

Our currency strength meter is a technical tool that uses historical data and live data to provide traders with a quick visual guide to which are the strongest currencies and which are the weakest one.

For instance, at the time of writing this the United States Dollar index is weighted as follows: Euro 57.6%,Yen 13.6%, British Pound 11.9%, Canadian Dollar 9.1%, Swedish Krona 4.2%, Swiss Franc 3.6%. Our meter is based on more pairs and takes the average gain or loss over a couple of time-frames to provide an overall strength of the currency.

Why Should I Use The Live Currency Strength Meter?

To become a knowledgeable trader, it is important you understand the relative strength of each currency. We as traders understand that Forex charts can sometimes not be as straightforward and clear as we would like them to be.

The Switch Markets Live Currency Strength Indicator helps traders clearly identify which trading currencies are the strongest and which are the weakest currencies using different time frames. It also saves traders time. The Switch Markets Currency Strength Indicator is fully customisable and free for all to use.

How To Use The Live Currency Strength Meter?

Live Currency Strength Meter is a popular technical tool often used by technical day traders that works to show the strength and weakness of all individual currencies so that traders can focus on the currency pairs that have the highest breakout potential compared to the others. Traders can customise the Switch Markets Live Currency Strength Meter to only show their preferred currencies, time-frame and percentage change.

How Do You Measure the Strength of a Currency?

The Switch Markets Currency Strength Indicator updates in real-time and compares the performance of currencies against each other using the Close prices of the previous trading day.

The percentages demonstrate how the currency performance compares to the Close price of the last trading day up until right now. The best performing currencies are coloured dark green, whilst the weakest currencies are coloured dark red.

How Do You Know If a Currency Is Weak or Strong?

You can use The Switch Markets Currency Strength Meter to determine whether the currency is weak or strong. If your chosen currency is coloured light green or dark green, it means that it is performing strongly at the moment. On the other hand, if the currency is coloured orange or red, it means that the currency is weak.

What Makes Currencies Strong or Weak?

There are numerous different factors that can affect currency strength. These include economic releases, news, supply, and demand are other vital forces of the currency. Read more here.

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