I am trying a new idea of examining strength (or maybe sentiment) of some currencies. Taking the average of the trend scores (as of today) that I am using. No rocket science, just some statistics to be considered before making trade.
A scale from -100 (strong downtrend) to +100 (strong up trend)
Average : -23.75. Yen scores +23.75 . This is rather flat.
Average: +73.75. Australian dollar is still in uptrend, though it is not as strong yet.
Average: -65. It shows Dollar is in downtrend, but, it is a weak downtrend at the moment.
I am still going with Aussie dollar, at the moment. Though I would be happier if it gets a little bit stronger now. :o: