In the Currency Strength table the AUD was the strongest currency while the GBP was the weakest. The AUD gained 4 points last week and the JPY gained 3. The USD, GBP and CHF lost 2 points. All the other Currencies remained around the level of the previous week with a maximum difference of just 1 point.

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13 Weeks Currency Score Strength

The 13 Weeks Currency Strength and the 13 Weeks Average are provided here below. This data and the “13 weeks Currency Classification” are considered for deciding on the preferred range. 

  • First of all the strength over a period of the last 13 weeks is considered. 
  • Next the 13 weeks average is considered, see the last row called “Avg. 13 wks.”
  • The number of weeks that a currency was stronger than another currency can also be considered.
  • The Technical Analysis (TA) Charts for each Time Frame could also be consulted.

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    For analyzing the best pairs to trade looking from a longer term perspective the last 13 weeks Currency Classification can be used in support.
    This was updated on January 8, and is provided here for reference purposes: 
    Strong: USD, NZD. The preferred range is from 7 to 8.
    Neutral: CHF, AUD, CAD. The preferred range is from 4 to 6.
    Weak: JPY, EUR, GBP. The preferred range is from 1 to 3.

    When looking at the Average 13 wks. score, the USD remains the strongest of all while the EUR remains the weakest. The currencies are grouped together around a level which makes clear to what classification they fit best. For some currencies this may not be very clear, a good example at the moment is the CAD – a Neutral currency but having an Average 13 wks. score of 5,7692 being between the Strong and Neutral currencies.

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    The Weak Currencies

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