The forex market is an ever-changing, dynamic atmosphere. Use our currency heat map to quickly find the strongest and weakest currencies on the market.
The forex heat map illustrates the performance of major currencies relative to one another. Stronger currencies are color-coded green, while weaker are shaded red.
The heat map updates in real-time. Forex traders use it to compare currency values against the previous day's close. The percentage value quantifies one currency's change against another's previous day's closing value.
Watch this quick tutorial on how to use the forex heat map to your advantage and learn how to set notifications for any and every important economic event in the Forex market.
A forex heat map is a visual depiction of currency strength. It is color-coded and lists the percentage change of one currency's value to another currency's previous day's closing value.
In foreign exchange trading, the forex heat map is used to easily decipher strong currencies from weaker ones. It is an intuitive interface that is among the most valuable trading tools in the financial markets today.
Our currency heat map furnishes you with a comprehensive look at which currencies are performing well and which are lagging. With the forex heat map, finding active currency pairs, trends, and reversals becomes routine! In fact, most forex traders view this information as being a key to finding which pairs are best to trade.
Absolutely! To trade foreign exchange pairs well, you must first know where the action is. The forex heat map shows you — green for bullish forex trading opportunities and red for bearish!
Yes. The percentage returns and green or red color-coded results are a current depiction of price with respect to the previous day's close. Depending on your risk appetite, these can be signals to immediately buy or sell a currency.
Remember, the forex heat map is similar to a candlestick or bar chart; the data is contextualized by using the previous period, bar, candle, or day as a reference. The red color indicates that price action is below the prior bar's low; if green, the price is above the prior bar's high. Grey suggests that a currency is flat; it is holding within the prior bar's range, very near the prior bar's close.
The forex heat map is an extremely accurate tool for measuring one currency's strength against another. However, no tool is infallible. Before you invest money in forex, make sure that your investment objectives reflect your available time and capital.