Forex Strength And Comparison, Week 15 - 10 April 2016

For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support.
This was updated on 27 March 2016 and is provided here for reference purposes:
Strong: USD / JPY / CHF. The preferred range is from 6 to 8.
Average: EUR, AUD, NZD. The preferred range is from 3 to 5.
Weak: GBP, CAD. The preferred range is from 1 to 2.
The charts were provided in the article: “Forex Currency Score Classification for Wk13”.

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13 Weeks Currency Score Strength for Week 15 / 10 April 2016

The 13 Weeks Currency Strength and the 13 Weeks Average are provided here below. This data and the “3 months currency classification” are considered for deciding on the preferred range. Because it is not ideal nor desired to change the range for a currency every single week, we perform several checks to avoid this.

First of all the 13 weeks average and the strength over a period of 13 weeks. Both the average and the strength are shown in the table below.

The amount of weeks that a currency is stronger than another currency can also be evaluated.

Besides these the “13 weeks Currency Classification” chart of each currency is also consulted. These have been updated and can be found in the article: “Forex Currency Score Classification for Wk13”.

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Currency Score Comparison for Week 15 / 10 April 2016

“Comparison table” and the “Ranking and Rating list”

The Forex Currency Comparison Table compares each currency with its counterpart based on the Currency Score. For more information about the currency Score of this week you can read the article “Forex Ranking, Rating and Score” which is published every week together with this article.
By using the comparison table here below you get a view without the volatility and statistics as opposed to the “Ranking and Rating list”. Only the strength of each currency against the counterparts is analyzed by using the Technical analysis charts of the 4 Time Frames that are also used for the “Ranking and Rating List”.