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Currency Strength Meter

See which majors are strong and weak right now, and the best pair to trade from that, across your chosen timeframe.

Treat it as a rough guide, not a trading signal. For clear, rule-based trend signals on your TradingView chart, see the PipTrend indicator (opens in a new tab).

Strength
Timeframe
Custom timeframes expand_more
-
ads_click best pair
the strongest against the weakest, averaged over your 3 timeframes
Strongest (average) -
Weakest (average) -
Timeframes M5 / M15 / H1
Updated -
3-timeframe average, bars scaled to the strongest
Bars scaled to the strongest average; numbers are the 3-timeframe average. Gold and Bitcoin are ranked on the same scale as the currencies but are never part of the best pair.
Loading latest data Free tool by PipTrend
Strength ranking by the 3-timeframe average, strongest to weakest
Currency Average M5 M15 H1

Educational tool, not financial advice. Results depend on your broker's contract specs and pricing. Runs in your browser. Nothing you enter is stored.

Embed This Calculator

Add the Currency Strength Meter to your website or blog. Copy the code below and paste it wherever you want the calculator to appear, it auto-adjusts to fit any container. Please keep the attribution line intact.

help_outline How to use this calculator

  1. 1Choose a preset view, Short-term (M5, M15, H1), Medium-term (M30, H4, D1), or Long-term (H4, D1, W1), or build your own Custom view by picking three timeframes and a bar history.
  2. 2Read the chart and the table: both rank the eight currencies, with Gold and Bitcoin in the same list, by their average score across your three timeframes, from -100 (weakest) to +100 (strongest). The three small triangles next to each currency show whether each timeframe agrees.
  3. 3Check the "Best pair" callout at the top. It pairs the strongest average against the weakest, the same currencies that sit at the top and bottom of the chart. Use the M5, M15 and H1 tabs above the chart to look at one timeframe on its own.
  4. 4The table re-sorts automatically on each refresh with the strongest currency at the top. Look for currencies that are strong across all three timeframes, that signals a sustained trend, not just a spike.
  5. 5The meter updates itself at every 5-minute close, usually within half a minute, and the Updated time shows the close the ranking is based on. Use the refresh button to update immediately, for example after the tab has been in the background.

How Currency Strength Is Calculated Here

Each currency is scored by how its price has moved against a basket of the others. The meter reads the percentage change of nine instrument pairs over your chosen number of candles, attributes that move to both sides (a rising EUR/USD lifts the euro and weighs on the dollar), averages each currency across the basket, then normalizes the result to a -100 to +100 scale so the strongest sits at the top and the weakest at the bottom. Gold and Bitcoin are measured against the same basket and scored on the same scale, so you can compare them directly with the currencies. They often move more than any currency, so they regularly sit at +100 or -100.

Because the score is relative, it describes rank within the group, not an absolute value: a +80 means strongest right now, not up 80 percent. Changing the timeframe changes the ranking, since a currency can lead on the hourly and lag on the daily, which is exactly why the meter shows three timeframes at once.

On data and delay, the meter is transparent: it records a spot price snapshot for every instrument every five minutes and calculates each timeframe from those snapshots, so prices are delayed by a few minutes and are not tick data. Daily and weekly windows compare the latest snapshot with the European Central Bank reference rate for the start of the window. The page updates itself at every 5-minute close, usually within half a minute, and while the forex market is closed at the weekend it shows the last session and refreshes every 30 minutes. The status strip and the Updated time show how fresh the ranking is.

Pairing the Strongest Against the Weakest

The classic use of a strength meter is to buy the strongest currency against the weakest, which is what the best-pair callout does for you. Trading a strong currency against a weak one puts both legs of the pair in your favor, rather than betting on a strong currency against another strong one where the move can stall.

The higher-confidence signal is agreement across timeframes: a currency that leads on all three columns is trending, not just spiking, and a pair built from a consistent leader against a consistent laggard tends to hold its direction longer. Confirm the pair with the correlation matrix and size it with the position size calculator before you act on it.

Which Timeframe Preset Should You Use

PresetTimeframesBest for
ShortM5 / M15 / H1Scalping and intraday
MediumM30 / H4 / D1Swing trading
LongH4 / D1 / W1Position trading
CustomAny threeYour own combination

quiz Frequently Asked Questions

What is a currency strength meter?expand_more
A currency strength meter is a tool that ranks currencies by how much they have gained or lost against a basket of others over a chosen period, so you can see which are strong and which are weak at a glance. This meter scores eight majors from -100 to +100 and highlights the best pair to trade, buying the strongest against the weakest, with Gold and Bitcoin ranked alongside on the same scale.
How does the currency strength meter work?expand_more
It compares the price change of each currency against all other 9 instruments (8 currencies + Gold + Bitcoin) over the selected number of candles at the selected timeframe. The percentage changes are averaged and normalized to a -100 to +100 scale where +100 is the strongest currency and -100 the weakest. Gold and Bitcoin use the same scale, capped at +100 and -100 when they move more than the strongest currency.
Why do currency strength meters disagree?expand_more
Because strength is relative and depends entirely on the inputs: the basket of instruments, the timeframe, and the number of candles measured. Two meters that use different timeframes or a different set of pairs will rank currencies differently, and neither is wrong. That is why this meter shows three timeframes at once and names its data source, so you can judge the ranking in context rather than trust a single number.
What currencies and assets are tracked?expand_more
Eight major currencies, USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD, plus Gold (XAU) and Bitcoin (BTC). Each is measured against all the others so you can compare any pair.
What do the preset views mean?expand_more
Short-term uses M5, M15, and H1 timeframes, best for scalpers and day traders. Medium-term uses M30, H4, and D1, best for swing traders. Long-term uses H4, D1, and W1, best for position traders. Custom lets you pick any three timeframes and a bar history from 10 to 200.
How often does the data update?expand_more
Every 5 minutes on weekdays. A new price snapshot is recorded at every 5-minute close and an open meter updates itself as soon as it is stored, usually within half a minute of the close. The Updated time shows that close, for example 14:35. While the forex market is closed at the weekend, the meter shows the last trading session and refreshes every 30 minutes.
Is the data real-time?expand_more
It is near real-time rather than tick-by-tick. The meter works from spot price snapshots taken every five minutes, so the ranking is a few minutes behind the live market. Daily and weekly windows are measured against the European Central Bank reference rate. That is accurate enough to see which currencies are leading or lagging, but always check the live price on your trading platform before you enter a trade.
What does the Average column show?expand_more
The Average column is the currency's score averaged over your three timeframes, and the table is always sorted by it. The next three columns show the score on each timeframe on its own, so you can see where the average comes from. A currency at +33 might be -100 over the last 5 minutes but +100 over 15 minutes and the hour.
What do the small triangles next to each currency mean?expand_more
They show each timeframe on its own, in the order of your timeframes: an upward triangle means the currency is strong on that timeframe, a downward triangle means it is weak, and a short flat bar means it is close to neutral (within 10 points). Three triangles pointing the same way is a consistent trend; mixed triangles mean the timeframes disagree and the average is less reliable. The bars are scaled so the strongest average reaches full length, while the number shows the real average. Gold and Bitcoin are ranked on the same scale as the currencies and are capped at +100 and -100, so their rows also show the real percentage change. They are never part of the best pair.

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