Currency Basket (Strength Meter) - Measure Real-time Currency Strength | Ashiran

Currency Basket Table (Currency Strength Meter) - Measure Real-time Currency Strength

One of the biggest problems for traders is "Not knowing which pair to trade." Sometimes we end up trading pairs that move against each other or get stuck in a sideways market because both currencies are equally strong.

At Ashiran.com, we have developed the "Currency Basket Table", commonly known internationally as a Currency Strength Meter. This tool is free to use and instantly identifies which currency is the "Strongest" and which is the "Weakest", helping you gain the best market advantage.

What is a Currency Basket?

A Basket of Currencies system is a method of comparing the value of a specific currency against a "group" (basket) of other currencies, rather than just a 1:1 comparison. This helps determine the true average strength of that currency at any given time.

Simply put, this tool scans the overall market to show you where "Money is flowing IN (Strengthening)" and where "Money is flowing OUT (Weakening)."

How it Works & How to Read the Data

The table displays the strength level of each currency using color indicators:

• Green Color = The currency is Strong (High buying pressure).
• Red Color = The currency is Weak (High selling pressure).
• Grey/Neutral Color = The currency has no clear direction (Sideways).

Trading Strategy using Currency Basket

The secret to getting the best results from this tool is to "Match the Strongest against the Weakest." This significantly increases the probability of catching strong and clear trending moves.

Matching Examples:

• Case 1: Finding a BUY Setup (Bullish)
  Suppose the table shows GBP is Strong (Green) and USD is Weak (Red).
  Strategy: Look at the GBPUSD pair and look for a BUY signal (Since the base currency is strong and the quote currency is weak, the chart tends to shoot up).


• Case 2: Finding a SELL Setup (Bearish)
  Suppose the table shows EUR is Weak (Red) and JPY is Strong (Green).
  Strategy: Look at the EURJPY pair and look for a SELL signal (Since the base currency is weak and the quote currency is strong, the chart tends to drop).

Video Review + Full Tutorial

To better understand how to use this tool in real trading scenarios, please watch the detailed tutorial video below.