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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EUR Fri, 03 Sep 2010
AUD  AUD 1.4094
BGN  BGN 1.9558
BRL  BRL 2.2124
CAD  CAD 1.3561
CHF  CHF 1.3043
CNY  CNY 8.7320
CZK  CZK 24.698
DKK  DKK 7.4449
EEK  EEK 15.6466
GBP  GBP 0.83320
HKD  HKD 9.9745
HRK  HRK 7.2850
HUF  HUF 284.50
IDR  IDR 11553.45
INR  INR 59.8190
JPY  JPY 108.38
KRW  KRW 1508.06
LTL  LTL 3.4528
LVL  LVL 0.7085
MXN  MXN 16.7443
MYR  MYR 4.0035
NOK  NOK 7.8890
NZD  NZD 1.7900
PHP  PHP 57.290
PLN  PLN 3.9520
RON  RON 4.2795
RUB  RUB 39.3820
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TRY  TRY 1.9330
USD  USD 1.2834
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