ONLINE CURRENCY STRENGTH - sp


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 mar, 07 feb 2012
AUD  AUD 1.2161
BGN  BGN 1.9558
BRL  BRL 2.2636
CAD  CAD 1.3088
CHF  CHF 1.2087
CNY  CNY 8.2763
CZK  CZK 25.000
DKK  DKK 7.4336
GBP  GBP 0.83020
HKD  HKD 10.1682
HRK  HRK 7.5750
HUF  HUF 291.66
IDR  IDR 11791.87
ILS 4.8950
INR  INR 64.7060
JPY  JPY 100.67
KRW  KRW 1467.38
LTL  LTL 3.4528
LVL  LVL 0.6990
MXN  MXN 16.6601
MYR  MYR 3.9509
NOK  NOK 7.6225
NZD  NZD 1.5747
PHP  PHP 55.715
PLN  PLN 4.1783
RON  RON 4.3523
RUB  RUB 39.2870
SEK  SEK 8.8215
SGD  SGD 1.6370
THB  THB 40.611
TRY  TRY 2.3076
USD  USD 1.3113
ZAR  ZAR 9.9577

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