In the Currency Strength table the USD is the strongest currencythe GBP is the weakest and the JPY is currently in a dip while all the other currencies did not change except for the CHF which is 1 point higher

12 Months Currency Score Strength

The 12 Months Currency Strength and the 12 Months Average are provided here below. This data and the “12 months Currency Classification” are considered for deciding on the preferred range. Because it is not ideal nor desired to change the range for a currency every single month, we perform several checks to avoid this.

  • First of all the strength over a period of 12 months. See each row for more information.
  • Then the 12 months average, see the last row called “Avg. 12 M.”
  • The number of months that a currency is stronger than another currency can also be evaluated.
  • The TA Charts for each Time Frame can also be consulted.
  • For analyzing the best pairs to trade looking from a longer term perspective the last 12 months Currency Classification can be used in support.

    This was updated on 30 September 2016 and is provided here for reference purposes:
    Strong: USD, JPY, NZD. The preferred range is from 6 to 8.
    Neutral: AUD, CHF. The preferred range is from 4 to 5.
    Weak: EUR, GBP, CAD. The preferred range is from 1 to 3.

    All the currencies are within their classification when using the Avg. 12 M. Although the JPY is in a dip this month this does not have any effect on the Avg. 12 months Currency Score. The JPY remains the strongest currency.

    The Strong Currencies

    In the last month the JPY was in a dip with a score of 4 being the weakest one of the strong currencies. However, it is clear to see that this currency was in the last period very strong, the strongest of all for six months. For that reason it does not seem that this currency will continue to weaken. There will be at least a period of consolidation before the currency will get close to a Neutral classification. It has at the moment the highest Avg. 12 M. Currency Score of all currencies.
    The NZD is very stable lately while the USD is gaining strength and coming back to the area of the Strong currencies.
    Here below you can see the Monthly Currency Score Chart with 24 months data as a reference.

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