Currency Strength Matrix for week starting 16.07.2017

EUR GBP AUD NZD USD CAD CHF JPY FOR
EUR 0 0 0 1 0 0 0 1
GBP 0 0 0 1 0 1 0 2
AUD 0 1 0 1 0 0 1 3
NZD 0 0 0 1 0 0 1 2
USD 0 0 0 0 0 1 1 2
CAD 1 1 1 1 1 1 1 7
CHF 0 0 0 0 0 0 0 0
JPY 0 0 0 0 0 0 0 0
AGAINST 1 2 1 1 5 0 3 4


The Currency Strength Matrix is calculated based on daily chart structure, for better accuracy. Not
percentage change like most other strength
 indicators.
 
Understanding currency strength is a basic fundamental of currency trading. Our Currency
Strength Matrix ensures you always know the strongest and weakest currencies. 
(Need help using 'The Matrix', check out: What is the Matrix)


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Want to apply the Matrix to your charts? 
 
You can now have a live Matrix on your charts or even have every confirmed high and low cycle marked on your charts using our new chart indicators. 
 
Available on MT4, Currency Strength Matrix and Cycle Finder Pro will transform both your chart analysis and also how you identify and trade currency strength.

 

 

Matrix score summary table

  Last Week This Week Change
EUR 3 1 -2
GBP 1 2 +1
AUD 3 3 0
NZD 1 2 +1
USD 2 2 0
CAD 7 7 0
CHF 3 0 -3
JPY 0 0 0

 

This week's TradeSeeker markets in focus - US DOLLAR, EURO, NEW ZEALAND DOLLAR, PLATINUM, WHEAT, COCOA, COFFEE, SUGAR, -  log in
 


Possible trending buys this week

CADCHF, CADJPY
 
Possible trending sells this week

EURCAD, GBPCAD, USDCAD, NZDCAD
 


Possible counter trend buys this week

EURCAD, GBPCAD, USDCAD, NZDCAD

Possible counter trend sells this week

CADCHF, CADJPY
 

NOTE - A strong currency will have a high
(5, 6 or 7 marked in Green) 'FOR' score and a low (0, 1 or 2 marked in Red) 'AGAINST' score,
while a weak currency will have a low 'FOR' score and a high 'AGAINST' score.

If trading counter trend/reversals it will be the opposite of this.