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DIFFERENCE BETWEEN CURRENCY STRENGTH & HEATMAP

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Francis Dogbe
9501
Francis Dogbe 2014.10.06 12:21 

I have been wondering if there is any technical difference between "Currency Strength" and "Heat Map" it seem to me they both have the same characteristics. Because they all display the relative market condition of each currency within a period.

 What do you think...?

Taiwo Okunbanjo
2008
Taiwo Okunbanjo 2014.10.06 13:37  
Roszey:

I have been wondering if there is any technical difference between "Currency Strength" and "Heat Map" it seem to me they both have the same characteristics. Because they all display the relative market condition of each currency within a period.

 What do you think...?

Yes, both show the percentage change in price of various currencies against each other.

Hope this helps! 

Stuart Browne
5811
Stuart Browne 2014.10.07 09:21  
Roszey:

I have been wondering if there is any technical difference between "Currency Strength" and "Heat Map" it seem to me they both have the same characteristics. Because they all display the relative market condition of each currency within a period.

 What do you think...?

It would really come down to the formula used in each to arrive at the "strength"
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