Used Institutional Forex Meter for Android?


Institutional Forex Meter Analysis

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Institutional Forex Meter is a free Android application designed for traders seeking to analyze the strength of major currencies. It focuses on normalized and decorrelated currency strength measurements for USD, CAD, EUR, GBP, AUD, NZD, JPY, and CHF. Users can select various time frames including today, the last 24 hours, this week, this month, or this year to gauge currency performance. This flexibility allows traders to tailor their analysis based on specific trading strategies or market conditions.

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The application features an intuitive interface that simplifies the process of tracking currency strength. By utilizing the insights provided by the Institutional Forex Meter, traders can make informed decisions about entering or exiting trades based on the relative strength of currency pairs. This tool is particularly beneficial for those looking to employ strategies that capitalize on strong and weak currency pairings, enhancing the potential for profit in volatile markets.

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Used Institutional Forex Meter for Android?


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Full Specifications

GENERAL
Release
Latest update
Version
1.1.0
OPERATING SYSTEMS
Platform
Android
Additional Requirements
Requires Android 4.1 and up
POPULARITY
Total Downloads
18
Downloads Last Week
0

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Program available in other languages


Last Updated


Developer’s Description

The Forex Strength Meter measures the decorrelated and normalized strength of the major currencies USD (US Dollar), CAD (Canadian Dollar), EUR...

The Forex Strength Meter measures the decorrelated and normalized strength of the major currencies USD (US Dollar), CAD (Canadian Dollar), EUR (Euro), GBP (British Pound), AUD (Australian Dollar), NZD (New Zealand Dollar), JPY (Japanese Yen), and CHF (Swiss Franc). Each currency is shown over a selectable time period (today, last 24 hours, this week, this month, this year, ...).

Forex strength can be used for instance for trading strong/weak pairs (to maximize profits due to volatility or ranges), divergences, etc.


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Content created and reviewed by Softonic with information obtained from M-Apps, using AI.

CNET's editorial team was not involved in the creation of this content. Opinions, analysis and reviews were not provided by CNET.