In the Currency Strength table, the USD was again the strongest currency while the GBP was the weakest. It was quiet last week compared to the week before. All the Currencies remained around the level of the previous week with a maximum difference of just 1 point.

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 13 Weeks Currency Score Strength

The 13 Weeks Currency Strength and the 13 Weeks Average are provided here below. This data and the “13 weeks Currency Classification” are considered for deciding on the preferred range. 

   1. First of all the strength over a period of the last 13 weeks is considered. See each row for more information.
   2. Next, the 13 weeks average is considered, see the last row called “Avg. 13 wks.”
   3. The number of weeks that a currency was stronger than another currency can also be considered.
   4. The Technical Analysis (TA) Charts for each Time Frame could also be consulted.

For analyzing the best pairs to trade looking from a longer-term perspective the last 13 weeks Currency Classification can be used in support.
This was updated on 5 March 2017 and is provided here for reference purposes:
Strong: USD, NZD, AUD, CAD. The preferred range is from 5 to 8.
Neutral: CHF. The preferred range is from 4.
Weak: JPY, EUR, GBP. The preferred range is from 1 to 3.

When looking at the Average 13 wks. Score the USD is the strongest while the GBP is the weakest. The currencies are grouped together around a level which makes clear to what classification they fit best. The AUD gained so much strength in the last 5 weeks and is now classified as a strong currency. The NZD, on the other hand, is losing a lot of strength in the last 2 weeks. With only being 7 times stronger in the last 13 Weeks than the CHF which is a Neutral currency. There are at this moment 4 strong currencies and just one Neutral currency. However, the JPY is somewhere in the middle of the range of the Weak and Neutral currencies with an Average 13 wks. Score of 3,6154 and may become a Neutral currency if it continues to gain strength.
The NZD and CAD lost a lot of strength in the last 2 weeks and one of these currencies may become a Neutral currency in the coming weeks.