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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
GBPJPY / 15 min
 
DOWN -

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CADJPY / 15 min
 
DOWN -

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CHFJPY / 15 min
 
DOWN -

-

USDCHF / 15 min
 
UP -

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AUDNZD / 15 min
 
UP -

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GBPCHF / 15 min
 
UP -

-

NZDUSD / 15 min
 
DOWN -

-

NZDCHF / 15 min
 
DOWN -

-

EURUSD / 15 min
 
DOWN -

-

EURCAD / 15 min
 
UP -

-

AUDJPY / 15 min
 
DOWN -

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AUDCHF / 15 min
 
UP -

-

EURGBP / 15 min
 
DOWN -

-

NZDCAD / 15 min
 
UP -

-

USDJPY / 15 min
 
DOWN -

-

AUDUSD / 15 min
 
DOWN -

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EURAUD / 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
USDJPY / 1 hr
 
DOWN -

-

AUDCAD / 1 hr
 
UP -

-

EURGBP / 1 hr
 
DOWN -

-

NZDUSD / 1 hr
 
UP -

-

GBPCAD / 1 hr
 
UP -

-

NZDJPY / 1 hr
 
UP -

-

AUDCHF / 1 hr
 
UP -

-

AUDUSD / 1 hr
 
UP -

-

CHFJPY / 1 hr
 
DOWN -

-

CADCHF / 1 hr
 
DOWN -

-

EURUSD / 1 hr
 
UP -

-

GBPNZD / 1 hr
 
UP -

-

EURAUD / 1 hr
 
DOWN -

-

EURNZD / 1 hr
 
DOWN -

-

NZDCAD / 1 hr
 
UP -

-

AUDNZD / 1 hr
 
UP -

-

GBPUSD / 1 hr
 
UP -

-

GBPCHF / 1 hr
 
UP -

-

USDCAD / 1 hr
 
DOWN -

-

NZDCHF / 1 hr
 
UP -

-

AUDJPY / 1 hr
 
UP -

-

GBPJPY / 1 hr
 
UP -

-

USDCHF / 1 hr
 
DOWN -

-

EURJPY / 1 hr
 
DOWN -

-

EURCHF / 1 hr
 
DOWN -

-

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
EURCAD / 4 hr
 
UP -

-

EURGBP / 4 hr
 
UP -

-

EURAUD / 4 hr
 
UP -

-

CADJPY / 4 hr
 
DOWN -

-

AUDNZD / 4 hr
 
DOWN -

-

GBPJPY / 4 hr
 
DOWN -

-

GBPCAD / 4 hr
 
UP -

-

GBPCHF / 4 hr
 
DOWN -

-

GBPNZD / 4 hr
 
UP -

-

EURNZD / 4 hr
 
UP -

-

AUDCHF / 4 hr
 
DOWN -

-

CADCHF / 4 hr
 
DOWN -

-

NZDJPY / 4 hr
 
DOWN -

-

USDJPY / 4 hr
 
UP -

-

GBPAUD / 4 hr
 
UP -

-

NZDCHF / 4 hr
 
DOWN -

-

AUDJPY / 4 hr
 
DOWN -

-

NZDUSD / 4 hr
 
DOWN -

-

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.