This tool works on the 5 minute, 15 minute, 1 hour, 4 hour, daily and weekly timeframe. Currencies included: USD, EUR, GBP, JPY, AUD, CAD, CHF and NZD.
How to use currency relative strength to your advantage in forex? One would sell the strongest currency while selling the weakest currency in any given timeframe.
How it works? Step1: Select your preferred timeframe. Step2: Select the "base currency". Step3: Compare the base currency to the other currencies in order to determine the strongest versus the weakest.