FOLLOWMEFX - Professional Forex Trading Platform

Currency Correlation Calculator

Analyze the correlations between different currency pairs to help you understand market dynamics and make informed investment decisions. Correlation data is calculated based on daily price changes and updated in real-time to provide you with important trading insights.

Currency Correlation Calculator

Select Currency Pair

Time Frame

Correlation Index Explanation

90+

Strongly Positive Correlation

80-89

Moderately Positive Correlation

70-79

Weakly Positive Correlation

-70 to -79

Weakly Negative Correlation

-80 to -89

Moderately Negative Correlation

-90 to -99

Strongly Negative Correlation

How to Interpret Correlation Data

Positive Correlation:

Two currency pairs move in the same direction, the higher the correlation, the stronger the synchronization

Negative Correlation:

Two currency pairs move in opposite directions, the lower the correlation, the stronger the hedge effect

Investment Recommendations:

Select currency pairs with lower correlations to diversify risks

Note:

Correlations change over time, it is recommended to update analyses regularly

Sort Function:

Click on the correlation coefficient header to sort by value (descending/ascending/original order)

Shortcut Keys:

Press S key to quickly switch between sort modes