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Forex Trading Technical Analysis (2010/10/01) Currency Strength/Weakness Meter

Here are the strongest and weakest major currencies for the past week (September 27 – October 1, 2010), based upon relative percentage price change against each other from the beginning of this past trading week to the end of the week. This information can be used to identify possible trends and potential pairings of the currencies. The list is ordered from strongest (best performing) to weakest (worst performing). When compared with the prior week’s currency strength/weakness meter, this past week’s has not changed drastically. For the current currency strength/weakness meter, please click here.

James Chen, CTA, CMT