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Currency Strength Meter

Use our free currency strength meter to identify the strongest currencies in the Forex market.
The meter performs calculations on 28 pairs to determine the overall strength of each currency.
Live Currency Strength

Currency Strength of Key Currencies

These charts reveal the currency pairs that have made the biggest movements in price. Traders can use these charts to decide which Forex pairs offer them the best trading opportunities.

AUD Strength

CAD Strength

EUR Strength

GBP Strength

NZD Strength

USD Strength

JPY Strength

CHF Strength

Using Our Currency Strength Meter

Using Our Currency Strength Meter

To become a successful trader it is important to understand which currency pairs will give you the highest probability of success. Our free currency strength meter is designed to give you a quick overview of the underlying movement of each individual currency in the Forex market.

If we know that the US Dollar is strong and the Japanese Yen is weak then it's obvious that going long on the USD/JPY Forex pair offers us the a low risk trading opportunity.

Ultimately, it is down to you to decide how to use these tools. Most traders use the strength meter alongside an existing strategy as a way to trade in the same direction as the underlying strength of the markets.

Currency Strength is Live

Currency Strength is Live

Our currency strength meter is updated every 5 minutes. Please note that the meter will only refresh when the Forex market is open. When the markets are closed the meter is paused until they open again on Monday morning.

This is important to understand particularly if you are trading the markets on a smaller time frame. A gap-open on a Monday may give you a false impression on the strength or weakness of a particular currency. That’s why it is important to visually confirm what the currency strength meter is telling you about a currencies strength.

Currency Strength Methodology

We use the standard formula to calculate the percentage of change for a particular currency pair as follows:

Current Price – Old Price / Old Price * 100

We perform this calculation across 28 Forex pairs for each of the 4 time frames and then group the pairs together to work out the underlying strength of a given currency.

To give you an example, here’s what the calculation may look like for the U.S Dollar (USD):

AUDUSD: -2.1% (+2.1%)*
EURUSD: -3.8% (+3.8%)*
GBPUSD: -1.4% (+1.4%)*
NZDUSD: -3.5% (+3.5%)*
USDCAD: 2.6%
USDCHF: 1.7%
USDJPY: 3.9%

USD Strength = 19%

* We invert positive or negative values when the USD is the quote of a pair, for base pairs the value remains unchanged.

Forex Market Insights

JPY is the strongest currency this week and the CHF is the weakest

November 25, 2019

Last week the US Dollar rose against all the majors with the exception of the Japanese Yen and the New …

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AUD/USD struggles to justify trade-positive headlines amid broad USD strength

September 26, 2019

Despite news of Chinese goodwill gestures to safeguard the US-China deal, AUD/USD remains below 0.6800 by the press time of …

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AUD/USD struggles to gain traction amid USD strength, trades around 0.6760

September 26, 2019

The AUD/USD pair lost 40 pips on Wednesday pressured by the broad-based USD strength and touched its lowest level in …

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XAU/USD tumbles to $1500 on USD strength

September 26, 2019

Gold prices are sharply lower on Wednesday, on the back of a rally of the US Dollar across the board. Price …

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