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Currency Trends Meter ("Trend is your Friend")

Watch this useful video:

We highly encourage you to watch this useful video before using the Currency Trends Meter. It explains how the currency trends meter works, what the numbers mean and how best to use it for your trading decisions.

 

Learn which currency pair is trending the most with one single scan. No need to keep watch on all charts and all timeframes. Learn more ...

(Last updated: 2024-04-25 23:15:18 UTC time)

Top Trends

(as of last updated time shown above)

Below table is our latest trends meter for 28 major currencies. Trends are shown in the descending order of their strengths. The best trends are shown first but it does not necessarily mean you should immediately use them for trading decisions. Please read the FAQs section below to userstand how to use this free trends meter effectively.

Have you looked at our Trend Alerts service? We can send you an email when a good trend starts developing. You don't need to keep watching this page. Try it for free.

 

Pair / Direction Trend strength sum of trend scores
AUDJPY / UP /
 
 163
NZDJPY / UP /
 
 148
AUDCHF / UP /
 
 146
CADJPY / UP /
 
 145
EURCHF / UP /
 
 135
GBPJPY / UP /
 
 133
CADCHF / UP /
 
 131
USDJPY / UP /
 
 130
GBPCHF / UP /
 
 121
EURJPY / UP /
 
 111
AUDUSD / UP /
 
 101
NZDCHF / UP /
 
 98
USDCAD / DOWN /
 
 -86
EURAUD / DOWN /
 
 -68
USDCHF / UP /
 
 61
EURUSD / UP /
 
 60
AUDCAD / UP /
 
 59
EURNZD / DOWN /
 
 -58
AUDNZD / UP /
 
 56
NZDUSD / UP /
 
 31
EURGBP / DOWN /
 
 -29
CHFJPY / UP /
 
 27
GBPCAD / UP /
 
 26
GBPUSD / UP /
 
 25
GBPAUD / DOWN /
 
 -22
GBPNZD / DOWN /
 
 -18
EURCAD / DOWN /
 
 -16
NZDCAD / UP /
 
 5

Trends on 15 min charts

Trends are sorted in the order of trend strength from best to worst. Trends are also categorized in three buckets - 1 star, 2 star and 3 star with 3 star rating being the best.

Pair / Chart Trend strength Trend rating Trend direction
AUDUSD / 15 min
 
 UP -
EURUSD / 15 min
 
 UP -
EURJPY / 15 min
 
 UP -
CADJPY / 15 min
 
 UP -
AUDJPY / 15 min
 
 UP -
NZDJPY / 15 min
 
 UP -
AUDCHF / 15 min
 
 UP -
NZDUSD / 15 min
 
 UP -
USDCAD / 15 min
 
 DOWN -
CHFJPY / 15 min
 
 UP -
GBPJPY / 15 min
 
 UP -
AUDCAD / 15 min
 
 UP -
GBPUSD / 15 min
 
 UP -
CADCHF / 15 min
 
 UP -
NZDCHF / 15 min
 
 UP -
EURAUD / 15 min
 
 DOWN -
EURNZD / 15 min
 
 DOWN -
GBPCHF / 15 min
 
 UP -
USDJPY / 15 min
 
 UP -
EURGBP / 15 min
 
 DOWN -
GBPCAD / 15 min
 
 UP -
AUDNZD / 15 min
 
 UP -
EURCAD / 15 min
 
 DOWN -
NZDCAD / 15 min
 
 UP -
EURCHF / 15 min
 
 UP -
GBPAUD / 15 min
 
 DOWN -

Trends on 1 hr charts

Trends are sorted in the order of trend strength from best to worst. Trends are also categorized in three buckets - 1 star, 2 star and 3 star with 3 star rating being the best.

Pair / Chart Trend strength Trend rating Trend direction
EURCHF / 1 hr
 
 UP -
GBPJPY / 1 hr
 
 UP -
GBPCHF / 1 hr
 
 UP -
AUDCHF / 1 hr
 
 UP -
CADCHF / 1 hr
 
 UP -
CADJPY / 1 hr
 
 UP -
NZDCHF / 1 hr
 
 UP -
NZDJPY / 1 hr
 
 UP -
EURAUD / 1 hr
 
 DOWN -
AUDJPY / 1 hr
 
 UP -
EURJPY / 1 hr
 
 UP -
AUDUSD / 1 hr
 
 UP -
USDJPY / 1 hr
 
 UP -
AUDCAD / 1 hr
 
 UP -
EURNZD / 1 hr
 
 DOWN -
GBPUSD / 1 hr
 
 UP -
USDCAD / 1 hr
 
 DOWN -
NZDUSD / 1 hr
 
 UP -
EURUSD / 1 hr
 
 UP -
USDCHF / 1 hr
 
 UP -
GBPAUD / 1 hr
 
 DOWN -
AUDNZD / 1 hr
 
 UP -
EURCAD / 1 hr
 
 UP -
GBPCAD / 1 hr
 
 UP -

Trends on 4 hr charts

Trends are sorted in the order of trend strength from best to worst. Trends are also categorized in three buckets - 1 star, 2 star and 3 star with 3 star rating being the best.

Pair / Chart Trend strength Trend rating Trend direction
USDJPY / 4 hr
 
 UP -
AUDJPY / 4 hr
 
 UP -
EURAUD / 4 hr
 
 DOWN -
NZDJPY / 4 hr
 
 UP -
AUDCHF / 4 hr
 
 UP -
AUDUSD / 4 hr
 
 UP -
EURCHF / 4 hr
 
 UP -
CADJPY / 4 hr
 
 UP -
GBPJPY / 4 hr
 
 UP -
EURNZD / 4 hr
 
 DOWN -
NZDCHF / 4 hr
 
 UP -
GBPCHF / 4 hr
 
 UP -
AUDCAD / 4 hr
 
 UP -
GBPAUD / 4 hr
 
 DOWN -
GBPNZD / 4 hr
 
 DOWN -
EURJPY / 4 hr
 
 UP -
USDCHF / 4 hr
 
 UP -
AUDNZD / 4 hr
 
 UP -
NZDCAD / 4 hr
 
 UP -
GBPUSD / 4 hr
 
 DOWN -
GBPCAD / 4 hr
 
 UP -

Learn more about Forex Trends Meter

If you would like to learn more about currency trends meter, refer to the items listed below:

01

What is the forex trends meter?

Forex trends meter is likely the most powerful tool a forex trader can have in his/her arsenal when making trading decisions. It is nothing but a tabular view of forex currency trends for 28 major pairs in forex in descending order of the trend strengths. We all know that "trend is your friend" in forex (or for that matter any kind of trading) and knowing where the strongest trends exist at any given time is very valuable. This meter is to be used as a decision support system in conjunction with the other trading indicators you may want to use. A trader should keep in mind that this is only a tool to help make trading decision. Final decision should be made based on all other key factors such as market news, sentiment, etc.

02

How to use this trends meter?

Trends table is made up of variety of critical indicators around ("duh") trend. There is trend strength which is nothing but how strong our alorithm finds that particular trend to be. Then there is trend rating (on 3-star scale) which is indication of the quality of the trend. Ratings are also based on levels of trend scores that we have set based on our own experience. This can also be related to how long that particular trend exists and then there is direction of the trend which tells you the direction in which the pair is trending. Knowing these parameters, it is left to each individual trader as to how they want to use this trends table. However, it is a no-brainer to go for highest star rated trend with maximum strength.

03

How are trends detected?

We check forex currency pair prices every few minutes and keep track of developing trends using our proprietary trend calculation algorithm. Each pair, depending on the way it's price quotes are trending, gets an overall trend score. Higher the trend score, better is the trend quality. As forex pairs change direction periodically, our algorithm also recalculates the trend strengths and adjusts the rankings so you always have the best view of the all major pairs in one place.

 

 

Risk warning: Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.