ONLINE CURRENCY STRENGTH - en


First problem. Did the US Dollar appreciate or depreciate last week? Most likely we wouldn't be able to answer that question, because it could've appreciated against Australian Dollar and Japanese Yen, but it could've depreciated against Canadian Dollar and English Pound.

Second problem. If we already know the past by having data for last week, and we still can't say which forex currency was the strongest and which forex currency was the weakest, then how in the world can we even try to predict the future that has no data yet?

Solution. Our free forex trading calculator can't predict the future but at least it can help us know the past. What this free software does is it compares growth of 1 major forex currency against growth of each of other 7 major currencies. Then the software gets 7 separate values, and averages it out.

If our forex software determines that the forex currency in question on average gained value over other 7 major forex currencies, the number turns green, and gives out average global appreciation value. If on the other hand our free software determines that the forex currency in question on average lost value over other 7 major forex currencies, the number turns red, gets negative sign in front of it, and gives out average global deprecation value.

That way without having to do any complicated calculations ourselves, we can instantly know whether the forex currency in question truly appreciated or depreciated last week. We can know that simply because our free forex trading software compared it to every other major forex currency, and calculated its average gain or loss on global level.

Secret?!

What is the secret to making a lot of money in forex?
- First it is to identify the currency that has the biggest chance to appreciate.
- Second it is to identify the currency that has the biggest chance to depreciate.
- Third is to match those two.

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Euro exchange rates

EUR Mon, 06 Feb 2012
AUD  AUD 1.2192
BGN  BGN 1.9558
BRL  BRL 2.2549
CAD  CAD 1.3019
CHF  CHF 1.2067
CNY  CNY 8.2329
CZK  CZK 24.980
DKK  DKK 7.4342
GBP  GBP 0.82810
HKD  HKD 10.1135
HRK  HRK 7.5830
HUF  HUF 293.01
IDR  IDR 11718.28
ILS 4.8552
INR  INR 63.9780
JPY  JPY 99.97
KRW  KRW 1463.27
LTL  LTL 3.4528
LVL  LVL 0.6993
MXN  MXN 16.5907
MYR  MYR 3.9374
NOK  NOK 7.5925
NZD  NZD 1.5721
PHP  PHP 55.533
PLN  PLN 4.1770
RON  RON 4.3420
RUB  RUB 39.4254
SEK  SEK 8.8025
SGD  SGD 1.6303
THB  THB 40.404
TRY  TRY 2.3017
USD  USD 1.3042
ZAR  ZAR 9.9450

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