Currency Index Chart

Currency index measures changes in the value of the currency by tracking the exchange rates of five of the most liquid currencies (USD, EUR, GBP, JPY, CHF). The value of index is composed on an equally-weighted basket method which allocates the currency against its major counterparties over a selected period of time. It shows the position of each currency compare to the others. In other words, this is the health checker of currencies.

There is a principle that always buy the healthy currencies and sell the weakly currencies. You will have maximum profits if trading a pair that between a strongest rising currency and a worst falling one.

Note: This chart runs on JAVA enviroment. So in order to view the chart, please allow your web browser run the plugin application if it ask.

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