Currency strength meters: useful or noise?
Strength meters rank currencies by their performance across pairs, promising to show which to buy and sell at a glance. The rankings are real; the trading signals they generate are less clear.
Do you use one?
- the meter and how you read it
- the trades it suggested that worked or failed
- how you combine it with your own analysis
The correlation guide explains the cross-pair structure the meters summarise.
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