"Currency strenght index" by Romana in Dukascopy Forex Community
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Currency strenght index

Hi guys,

there is trading tool I like – it is currency strength index – here you can compare power of currencies in a selected time. So you can find the post appreciating and even the weakest currency and follow the trend. Or use it anyway you like J But be careful about chosen time period. Better not try to follow few minutes trend for a position trading.
At the picture you may see that € is weakening and $ is growing strong. So what would you do?

Thank you

Romana

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stane2405 avatar

i bought euros

H0nza avatar
1 Nov

I´d better sell. But depends on trading technique.

stane2405 avatar

this is why it is moving, hehe

christiangoni avatar

I like it, where did you find it?

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