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Old 11-17-2008, 03:41 PM
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JBear JBear is offline
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Strength Indicator
Hi In10tion

Do you have any extra information on how to interpret the Overall Currency Strength Indicator.

I am finding that there appear to be ongoing conflict with the Grid readings for a currency pair and the currency trend.

eg today GBP was 8.0 and the JPY was 3.3 and yet the trend was against the GBP.

Other times the GBP was say 7.4 and the JPY was 4.4 and it will trend in favour of the GBP

I have also found times when the first example applies and the Cluster strength and the Pair Balance would favour the Currency Strength yet trend would be against the indicators

I have included several screen shots but I am not sure if they are showing you what I am saying as they look as thought the trend is changing but it is actually very Bullish

Thanks for your help

Kind Regards

JBear
Attached Images
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File Type: gif newsreader 3.gif (71.4 KB, 339 views)
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