Did the US Dollar appreciate or depreciate last week? Most
likely we wouldn't be able to answer that question, because it could've appreciated against Australian Dollar and Japanese Yen,
but it could've depreciated against Canadian Dollar and British Pound.
If we already know the past by having data for last week, and we still can't say which forex currency
was the strongest and which forex currency was the weakest, then how in the world can we even try to predict the future that
has no data yet?
Our free forex trading calculator can't predict the future but at least it can help
us know the past. What this free software does is it compares growth of 1 major forex currency against growth of each of other 7
major currencies. Then the software gets 7 separate values, and averages it out.
If our forex software determines that the forex currency in question on average gained value over other 7 major forex currencies,
the number turns green, and gives out average global appreciation value. If on the other hand
our free software determines that the forex currency in question on average lost value over other 7 major
forex currencies, the number turns red, gets negative sign in front of it, and gives out average global deprecation value.
That way without having to do any complicated calculations ourselves, we can instantly know whether the forex currency in question
truly appreciated or depreciated last week. We can know that simply because our free forex trading software compared it to every other major forex currency, and calculated
its average gain or loss on global level.
To discuss how to make money with this calculator, please visit our Forum Thread >>