How is the Strength of a Currency Determined?
The strength of a currency is determined by how many people want to buy it compared with how many want to sell it.
Live Currency Strength Meter for Forex and Crypto
See which currencies are strong and weak right now with the best currency strength meter for the 8 major forex currencies and the biggest cryptocurrencies, updated every minute, with guides on how to read it. General information, not investment advice.
Live forex currency strength meter
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Strength over time
How each currency's strength changed over the last 48 candles. Free account.
Crossing currencies
Pairs of currencies whose strength lines cross: one gaining, one losing, with a chart. Free account.
Daily history
The last 10 daily closes of the major currencies. Free account.
Pair gaps: which currencies are furthest apart
Every pair of currencies ranked by the gap between their strength scores. Free account.
Strength by hour of day
The average strength score of each currency for every UTC hour, over the last 30 days. Free account.
Prices from public market feeds, indicative. Statistics, not advice.
How is the score calculated?
For each currency we take the pairs it is part of and measure the price change of the latest candle of the chosen timeframe. That change is compared with the average candle size of the last 20 candles of the same pair and turned into a score, with the sign flipped when the currency is the second one in the pair. The currency's score is the average of its pair scores. Everyone sees the 1 day timeframe with the last 20 candles; a free account can pick any timeframe and 5 to 100 candles.
Live crypto strength meter
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Prices from public market feeds, indicative. Statistics, not advice.
How is the score calculated?
For each currency we take the pairs it is part of and measure the price change of the latest candle of the chosen timeframe. That change is compared with the average candle size of the last 20 candles of the same pair and turned into a score, with the sign flipped when the currency is the second one in the pair. The currency's score is the average of its pair scores. Everyone sees the 1 day timeframe with the last 20 candles; a free account can pick any timeframe and 5 to 100 candles.
How to read the meter in 20 seconds
Each row is one currency. The bar shows how much it gained (right, green) or lost (left, red) against the other currencies it is paired with, over the timeframe shown above the bars. A higher score means stronger over that period.
Strong and weak are always relative: a currency can be strong on a short timeframe and weak on a long one. The meter opens on the 1 day timeframe for everyone; a free account adds 5 minutes, 15 minutes, 1 hour and 4 hours, so you can compare them before you read anything into one number.
The meter shows what prices did. It does not say what they will do next, and it is not advice to buy or sell.
Not sure what you are looking at?
- Pick one timeframe. Choose the timeframe that matches the chart you look at and read only that one. The 1 day view is open to everyone; 5 minutes to 4 hours come with a free account.
- Compare the top and the bottom. The strongest and weakest currencies on that tab show the widest gap between two currencies.
- Check another timeframe. With a free account, open a shorter or a longer timeframe. If both agree, the picture is consistent; if they disagree, that is useful to know too.
What is a currency strength meter?
A currency strength meter, also called a currency strength indicator (or CSM), shows which currencies are gaining and which are losing against the others, as a bar chart ranking and as a line chart. This is a free online currency strength meter for forex and crypto: nothing to install and no account needed to start (a free account adds more timeframes, candle counts and groups), it works in your browser on a phone or a computer, like a web app. Currency strength meter in the Forex or Crypto market has real-time market data where you can see how one currency stands against another currency.
The currency strength meter is updated every minute so you have real-time data on the chart which you can use in your trading analysis. If you want the last data shown on the chart then you can manually refresh the page to be sure you get the latest information about currency strength. The time of the last update is shown in UTC under the meter.
CSMapp is the best currency strength meter on the market and it is the strength indicator many traders use in trading currencies. Some traders also use currency strength indicators installed on a trading platform such as MetaTrader 4 or 5. Currency strength indicators use data of currencies in real-time and check all possible combinations of one currency against other currencies to determine the best strength of that currency on the Forex or Crypto market. This meter is a web-based way to see that ranking for the 8 major forex currencies and for large cryptocurrencies, without a download.
Traders often keep a meter open next to their own chart and tools such as RSI or MACD, as one more input in their technical analysis, to see whether a currency's recent move matches what they see there. The meter describes recent price changes only. It does not tell you what a currency will do next.
Not quite what you need?
Guides
All guides ›How Do You Know If a Currency Is Weak or Strong?
To tell whether a currency is strong or weak, compare it with the other currencies, because a currency is only ever strong or weak against something else.
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How to Use Currency Strength Meter
A currency strength meter shows, on one screen, which currencies are moving more than usual and in which direction.
Questions people ask
What is a currency strength meter?
A currency strength meter ranks currencies from strongest to weakest by comparing how each one recently moved against the others. This meter does it for the 8 major forex currencies (EUR, USD, GBP, JPY, CHF, AUD, NZD, CAD) and, separately, for large cryptocurrencies.
How does this meter calculate currency strength?
For one timeframe, we take every pair that contains the currency and measure how much its price changed in the latest candle. That change is compared with the average size of the last 20 candles of the same pair, turned into a score, and flipped when the currency is on the quote side. The currency's score is the average of those pair scores. The same method is used for every timeframe.
How do I tell which currency is stronger?
Compare the scores on the timeframe shown (1 day for everyone). The higher score gained more against the other currencies over that period. A stronger currency on one timeframe can be weaker on another, so with a free account check the timeframe you actually use.
What do the timeframes mean?
5 minutes, 15 minutes, 1 hour, 4 hours and 1 day are the candle lengths used for the calculation. Short tabs react quickly and change often; long tabs move slowly. To get the best results, check the currency strength on different timeframes. The 1 day timeframe is free for everyone; the other four come with a free account, which also lets you change the number of candles (20 for everyone, 5 to 100 with an account).
Is the dollar strong or weak right now?
Find USD in the forex meter. A positive score means the dollar gained against the other major currencies over that timeframe, a negative score means it lost. Strong or weak is always relative to a timeframe and to the other currencies, not an absolute judgment.
What makes a currency strong or weak?
Common drivers include interest rates, inflation, economic growth, trade and market sentiment. The meter does not explain why a currency moved; it only shows how far and in which direction it moved.
How often is the meter updated?
The meter is updated every minute while the page is open, so you have real-time data on the chart, and the time of the last update (in UTC) is shown under it. If you want the latest data you can also refresh the page. Prices come from public market feeds. Forex prices pause at weekends; crypto trades around the clock.
Where do the prices come from?
From public market price feeds. The numbers are indicative statistics, not a quote you can trade at.
What is a currency strength indicator?
It is the same idea as a currency strength meter: a tool that ranks currencies from strongest to weakest from their recent price changes. Some are installed on a trading platform, for example as a MetaTrader 4 or 5 indicator. This one is a web page, so there is nothing to install.
Is this a currency strength indicator for MT4 or TradingView?
No. It is a web-based meter you open in your browser. We do not offer an MT4, MT5 or TradingView version. Indicators for those platforms are separate tools.
Do I need to install a currency strength meter app?
No. The meter is a free web app: open the page in any browser on a phone or a computer. There is nothing to download.
What should I look for in a currency strength meter?
Check that it shows which timeframe you are looking at, when it was last updated, where its prices come from and how the score is calculated, and that it does not promise what happens next. This meter shows the timeframe, the update time and the price source on the meter itself, and the calculation is explained under it.
Is this financial advice?
No. The meter shows statistics about recent price changes. It is general information, it does not predict prices, and it is not a recommendation to buy or sell. Trading currencies and cryptocurrencies carries a risk of loss.
Is the meter free?
Yes. You can use the forex and crypto meters without an account.
General information only. Currency strength figures are statistics calculated from recent price changes from public market feeds. They are not investment advice and not a recommendation to buy or sell, they do not predict future prices, and trading currencies or cryptocurrencies carries a risk of loss.