Thanks for visiting our blog area. This is where we keep our customers informed about product releases, updates and we also publish frequent forex market analysis in the form of 6 hourly currency strength and weakness and forex trend analysis.
The forex strength and weakness analysis is provided by the FX AlgoTrader Currency Strength Meter which uses Forex Index data calculated in real time using Liteforex index formulas.
The forex trend analysis is calculated using a bespoke algorithm which normalises moving average data and then calculates the slope of a linear regression line based on the MA data. This allows traders to compare the strength of trend accross multiple timeframes and moving average periods. If traders find this data to be useful we would be interested in any feedback for potential product development based on this normalised trend data