Tool
Currency Strength Meter
Live forex strength analysis for the eight major currencies. Instantly see which currency is strongest, which is weakest, and where the highest-probability trend trades are forming.
What is a currency strength meter?
A currency strength meter aggregates the performance of a single currency against every other major currency into one reading. So instead of looking at EUR/USD, EUR/GBP, EUR/JPY, EUR/AUD and so on separately, you get a single answer: is the euro strong or weak right now?
The meter above is powered by the TradingView Forex Cross Rates widget. Each row shows one currency versus every other major currency. Green cells indicate the base currency is rising against the quote, red cells indicate the opposite. The broader the green streak, the stronger the currency.
Traders use this data to quickly identify directional bias before drilling into specific pairs, to confirm breakouts, and to filter out low-quality setups where neither currency has a clear bid.
How to use the strength meter for trading
Spot the strongest currency
Look along each currency row. If one currency is green across most of its pairs, it is broadly strong — a useful directional bias for the day.
Trade strong vs weak
The highest-probability trend setups pair the strongest currency against the weakest. For example, if USD is strong and JPY is weak, USD/JPY is a natural long candidate.
Avoid ranging pairs
Pairs where both currencies have neutral strength tend to chop sideways. Skip these and focus on pairs with clear asymmetry.
Combine with the calendar
A strength reading minutes before NFP or an ECB decision can flip on a single print. Always check the economic calendar before entering.
Which major currencies are currently trending?
The meter above updates in real time — currencies that are green across multiple rows are the ones with the clearest momentum. US dollar moves dominate Asian and London sessions when US data is in focus. EUR is typically quieter outside eurozone data releases, while GBP shows the biggest moves around BOE decisions and UK inflation prints.
JPY and CHF behave as safe-haven currencies and tend to strengthen in risk-off environments, while AUD, NZD, and CAD are commodity-linked and often lead on risk-on days. Use the meter together with our economic calendar to understand why a currency is moving, not just that it is.
Related Tools
Pair the strength meter with these free tools for a complete trading workflow.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.