November 1, 2010 in Finance (F)
[prMac.com] Singapore - M Quant LLP has released FX Currency Strength 1.0 for iPhone, iPod touch and iPad. FX Currency Strength is the ideal tool for retail traders who do not have the time to actively analyze the market. It gives you the most up-to-date strength/weakness of all major currencies (not pairs) over 6 timeframes.
For a forex trader, it is important to understand the inherent difference between currencies and other financial instruments. Most financial instruments such as stocks, bonds or commodities represent only the price of a single underlying entity.
Currencies are different. Currency pairs represent the value of one currency in relation to another. A change in the currency rate reflects a change in value of either or both of the underlying currencies. As forex traders, knowing the relative value of each individual currency is vital in deciding the most suitable pairs to trade.
FX Currency Strength compares the strength of all the major currencies and lists them in accordance to their strength/weakness. No longer will you need to scan through all the charts to check on how each currency is doing against the other currencies.
Besides telling you which are the best pairs to trade, when used in tandem with traditional technical analysis, it greatly increases your edge against other currency traders who solely rely on technical analysis tools which were initially designed for single entity instruments in mind!
* Cutting Edge Relative Strength Analysis System
* Momentum Detection Feature
* Monitor all major Currencies over 6 timeframes
* See the whole market in 1 Glance
* Easy to read dashboard interface
* iPhone, iPod touch, and iPad
* Requires iOS 3.0 or later
* 0.3 MB
Pricing and Availability:
FX Currency Strength 1.0 is available exclusively on the App Store for iPhone, iPod touch and iPad at only $6.99 (USD) in the Finance category.
CodingTrader is a company based in Singapore, comprising of a small group of coders/traders. Our core business is in development of trading systems for our own trading. We also provide coding service for automated trading systems/indicators for various trading platforms and sells trading software. Copyright (C) 2010 CodingTrader. All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries.