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 Tue, 09 Mar 2010
AUD  AUD 1.4938
BGN  BGN 1.9558
BRL  BRL 2.4345
CAD  CAD 1.3962
CHF  CHF 1.4626
CNY  CNY 9.2544
CZK  CZK 25.666
DKK  DKK 7.4417
EEK  EEK 15.6466
GBP  GBP 0.90640
HKD  HKD 10.5208
HRK  HRK 7.2628
HUF  HUF 267.20
IDR  IDR 12487.33
INR  INR 61.8270
JPY  JPY 121.72
KRW  KRW 1538.21
LTL  LTL 3.4528
LVL  LVL 0.7084
MXN  MXN 17.2072
MYR  MYR 4.5301
NOK  NOK 8.0410
NZD  NZD 1.9432
PHP  PHP 62.035
PLN  PLN 3.8954
RON  RON 4.1000
RUB  RUB 40.3985
SEK  SEK 9.7280
SGD  SGD 1.8990
THB  THB 44.379
TRY  TRY 2.0894
USD  USD 1.3557
ZAR  ZAR 10.0980

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