Forex Strength And Comparison For Week 12

 | Mar 20, 2017 05:54AM ET

In the Currency Strength table, the AUD was the strongest currency while the CAD was the weakest. There were a lot of changes last week. The JPY gained 3 points while USD and EUR lost 3 points. The GBP gained 2 points and the CAD lost 2. All the other currencies remained around the level of the previous week with a maximum difference of just 1 point.

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. Because it is not ideal nor desired to change the range for a currency every single week, we perform several checks to avoid this.

1. First of all, the strength over a period of the last 13 weeks is considered. See each row for more information.
2. Next, the 13 weeks average is considered, see the last row called "Avg. 13 wks."
3. The number of weeks that a currency was stronger than another currency can also be considered.
4. The Technical Analysis (TA) Charts for each time frame could also be consulted.