Forex Strength And Comparison Week 2 / 2018

In the Currency Strength table, the NZD was the strongest currency while the JPY was the weakest. There were some significant changes last week with the NZD gaining 4 points while the EUR, GBP, AUD and CAD lost 1 point.

On a week to week basis the NZD, AUD and to a lesser extent the CAD showed a very good performance while the USD, JPY and to a lesser extent the GBP showed a very weak performance. When looking at the development at the end of last week, the NZD, AUD and CAD continued to perform very well and the EUR showed a good performance too.
On the other hand, the USD and JPY remained weak and so did the GBP and CHF.

Although some good performing currencies may have lost points they remain interesting when looking at all the currencies in the table as a whole. Same for the weak currencies that may have gained points. That is why the Classification of currencies and the Currency Score comparison are important also.

13 Weeks Currency Score Strength

The 13 Weeks Currency Strength and the 13 Weeks Average are provided here below. For more information check the page on my blog.

Average 13 wks. Score

When looking at the Average 13 wks. Score we can see the currencies grouped together according to their classification.

There may be some doubt and in that case it could be a currency that will change its classification in the coming weeks. There are no such currencies at the moment.

Classification review

This week we take a look at the Classification changes.