The Currency Strength Index shows how major currencies perform against each other in real-time. Forex trader broker can see at a glance which currency is on the rise and which one is declining, thus giving you valuable information about buying and selling pressure.
To avoid volatility bias, Currency Strength Index is using sophisticated calculation algorithm, which makes it a reliable tool in the decision making process of every trader. The Currency Strength Index is calculated in real-time, on every tick. The calculations are based on the 1 minute time frame. The colored indicator bars and percentage values for each currency are updated automatically every 5 seconds.
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