TradeLigaToolsAll guidesPlay

Currency Strength Meter

See which of the eight major currencies are strongest and weakest right now, over the last hour, day, week or month, with every pair's change in one heat map. It's a learning tool, not a trading signal.

Loading the latest rates…

For learning only, not financial advice. Prices may differ from your broker's. Trading with leverage is risky and most beginners lose money. Risk disclaimer

How the strength is calculated

A currency is strong when it gains against most of the others. Rising against one isn't enough. So for each currency we look at its change against each of the other seven majors over the timeframe you pick, and take the average:

Strength of a currency = average % change against each of the other majors

Example (24 hours): the euro rose 0.40% against the US dollar, 0.20% against the pound, 0.10% against the yen, 0.35% against the Australian dollar, fell 0.05% against the Canadian dollar, and rose 0.30% against the Swiss franc and 0.15% against the New Zealand dollar. The average of these seven changes is +1.45% ÷ 7 = +0.21%.

Because every pair is counted from both sides, the scores of all eight currencies add up to about zero: one currency's gain is another's loss. Emerging-market currencies (rupiah, peso, rupee and others) are scored the same way, against the eight majors, so adding them never changes the ranking of the majors.

Timeframes

  • 1 hour, 4 hours and 24 hours use hourly closing prices.
  • 1 week and 1 month use daily closing prices.
  • Forex markets close from Friday evening to Sunday evening (New York time), so changes over a weekend are small.

How to read the meter

  1. Ranked bars show the currencies from strongest to weakest. The longer the bar, the bigger the average move.
  2. The heat map shows every pair: read the row currency against the column currency. Green means the row currency gained.
  3. The pair idea pairs the strongest with the weakest currency. Strength traders study such pairs first, because the two currencies are moving apart. It is a starting point for learning, never a signal on its own.

Why traders watch currency strength

  • Context for a pair. If EUR/USD is rising, is the euro strong or the dollar weak? The meter tells you which side is moving.
  • Avoiding mixed signals. Two strong currencies against each other often go nowhere.
  • Spotting news. A sudden move of one currency usually has a cause: check the economic calendar and the lesson Why currencies move.

Frequently asked questions

What is a currency strength meter?

A tool that ranks currencies by how much they gained or lost against all the others over a period. Instead of looking at one pair, it averages a currency's moves against every other major, so you can see whether the euro, the dollar or the yen is driving the market.

How is currency strength calculated here?

For each currency we take its percentage change against each of the other seven majors over the timeframe and average them. If the euro rose 0.40%, 0.20%, 0.10%, 0.35%, −0.05%, 0.30% and 0.15% against the seven others, its strength is +1.45% ÷ 7 = +0.21%.

Which timeframe should I use?

Short timeframes (1 hour, 4 hours) show reactions to news; 24 hours and 1 week show the trend of the day and the week; 1 month shows the bigger picture. Comparing two timeframes tells you if a move is new or part of a trend.

How often does the meter update?

The 1-hour to 24-hour views use hourly prices, and the page refreshes itself every few minutes. The 1-week and 1-month views use daily prices. The time of the latest price is shown above the meter.

Can I trade from the strength meter?

It isn't a trading signal. Currency strength shows what already happened. Traders use it together with the trend, support and resistance, the economic calendar and strict risk limits. If you want to try that, start on a demo account.

Practise this in TradeLiga

Carry Trade Caravan

Send your money where it earns more. Watch for storms.

Play Carry Trade Caravan

Learn the basics

Why currencies move60-second lessonWhy the world runs on dollars60-second lessonMoney flowing in and out60-second lessonCurrency pairGlossaryBase and quote currencyGlossaryAppreciation and depreciationGlossary

More trading tools

Pip calculatorWhat one pip is worth for your lot size, in your currency.Profit calculatorProfit or loss in your currency, plus a stop-loss and target planner.Economic calendarThis week's market-moving events in your time zone.

Page updated October 15, 2026