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Currency Strength

If you’re interested in forex trading or already trade forex currency pairs, our Currency Strength tool could be just what you need. It provides you with the relative strength or weakness of the base currency in a forex currency pair compared to the counter (or quote) currency. The base currency is the first currency quoted, and the counter currency is the second.

The data you see is calculated using the latest available mid-price from a 5-minute candle and the currency pair’s previous day’s close at 5pm New York time (5:00 PM ET). We calculate the percentage difference between these values to display the currency pair’s intra-day performance.

Data sources: Proprietary OANDA mid-market pricing. Calculations use the mid-market closing price of the most recently completed 5-minute candle, compared against the previous trading day's New York market close (5:00 PM ET) to calculate strength values. During weekend non-trading hours, values reflect the close of the most recent active trading session.

Disclaimer: This insight is for general information purposes only, not to be considered a recommendation or financial advice. Past performance is not indicative of future results. Forex trading is high-risk. Losses may exceed deposits.

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