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Correlation Table

 

The following tables represent the correlation between the various parities of the foreign exchange market (forex).
The correlation coefficient highlights the similarity of the movements between two parities.

  • - If the correlation is high (above 80) and positive then the currencies move in the same way.
  • - If the correlation is high (above 80) and negative then the currencies move in the opposite way.
  • - If the correlation is low (below 60) then the currencies don't move in the same way.

Correlation des devises

Correlation des devises

Le table shows hourly and daily data calculated on 50 points.

Correlation pair vs Market

In this part you will be able to have a total sight of the correlation of a pair versus the market. You must select the parity you want to analyse then to give the number of points on which the correlation will be calculated and finally to select the basket of pairs.

The result is given with Radar plots representing the hourly and daily correlation. More the points are located outside more the correlation is strong. In the event of negative correlation you will see appearing a sign "-" in front of the name of the parity.

forex
forex
Hourly and Daily EUR/USD correlation vs market calculated with 50 points.

 

Config yourself your correlation table or select the based currency pair:

http://www.mataf.net/en/tools/correlation-table (Table)

http://www.mataf.net/en/tools/correlation-currency (Correlation with a based currency pair)

ou encore, http://www.mataf.net/en/tools/correlation-detail (Correlation between two currency pairs)

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FOREX stands for Foreign Exchange - which means currency market. The Forex market is where currencies are sold, bought, in the form of parity. On the Forex market, all currencies are traded in real time, 24h/24h, 7J/7J. The Forex is open since few years to individuals, single investors wishing to diversify their investments or pure speculators. The access to foreign exchange market for individuals is offered through Forex Brokers.

BEWARE: FOREX is a market made volatile by the leverage which is offered to you. Consequently, a risk of important financial losses is always present. Tribuforex provides his internauts some trade ideas and analysis, but will not be responsible in case of losses. The main goal of www.tribuforex.fr is to offer a tool allowing traders to share forex between them.

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