I'm wondering about the absolute currency strength meter. Could someone explain what it is and how it works in the context of financial markets and currency evaluation?
6 answers
emma_rose_activist
Tue Dec 24 2024
The ACS is a tool commonly utilized within a specific timeframe.
CryptoAlchemy
Tue Dec 24 2024
This system relies on the mathematical decorrelation of 28 cross currency pairs.
PulseRider
Tue Dec 24 2024
It focuses on displaying the absolute strength momentum of several major currencies.
Silvia
Tue Dec 24 2024
The selected currencies include EUR, GBP, AUD, USD, CAD, CHF, and JPY.
Lorenzo
Mon Dec 23 2024
Typically, it is applied on a 15-period timeframe for analysis.