Currency Strength Heatmap
The Heatmap measures how far each currency has moved against all the others over the selected window and turns it into a single strength score. The scale runs from -1 to +1 and is absolute: each currency's move against the field is measured in units of that market's normal movement over the window, so +1 means an ATR-sized move against the field over the window (roughly one and a half standard deviations of daily returns, well above a median day) and a quiet market genuinely reads near zero. It is not rescaled to whichever currency happened to move most. Momentum shows whether that strength is building or fading — the change between the latest window and the one before — and it moves with strength most of the time; what matters is where the two disagree. Recalculated several times a day from real price data, so you can see at a glance which currencies to buy against which.
Currency Strength Heatmap
Trading with the Heatmap: Currency strength values range from -1 to +1, measured against each market's own typical movement, so the same number means the same thing on a busy day and a quiet one. Dark green indicates very strong currencies, while deep red shows very weak ones. The optimal strategy is typically to buy strong currencies against weak ones. Switch between timeframes to identify strength trends, and toggle to momentum to see where strength is building or fading: the currencies where the two signs disagree are the ones worth a second look. Data updates several times a day to reflect changing market conditions.
Potential Trading Opportunities
Background reading
From our blog, on what this page measures.