Experiences in forex trading, by a special way.

November 23, 2022

Relative currency strength Nov 23, 2022

Relative currency strength Nov 23, 2022

Today, the lead is NZD, and the weakest is CAD.

As usual, there are 2 ways to trade this signal:

1. Choose the strongest currency to buy, or choose the weakest currency to sell, with a view that if strong will be stronger, and if weak will be weaker: You can search for a suitable place to BUY NZD/USD , or BUY USD/CAD (meaning sell CAD/USD).

2. Pair the 2 strongest and the weakest currencies, with the view that their gap will narrow: You can sell NZD while buying CAD, so find the right place to SELL NZD/CAD.

See more articles on currency strength correlation: https://www.caphile.com/2022/11/currencies-correlation-in-forex-market.html

Best regards,


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