Currency strength and pair matrix

Mohamad Gharib Independent Analyst

Methodology and approach

This report evaluates major currencies by constructing a relative strength index for each currency, ranking them systematically from Strongest (Rank 1) to Weakest (Rank 8) across Short-Term and Medium-Term horizons. By pairing stronger and weaker currencies, the model identifies the currency pairs with the largest relative-strength differentials and classifies each from Strongly

Bullish to Strongly Bearish. The pair with the narrowest differential in each horizon is treated separately as the model's RangeBound pair.

Short-term executive takeaway

CHF ranks as the strongest currency short-term, while EUR ranks as the weakest, placing EUR/CHF at the Strongly Bearish end of the Short-Term Pair Matrix.

Separately, NZD/USD has the narrowest differential (Diff. Weight 2), marking it as Range-Bound.

Medium-term executive takeaway

USD ranks as the strongest currency medium-term, while AUD ranks as the weakest, placing AUD/USD at the Strongly Bearish end of the Medium-Term Pair Matrix.

Separately, GBP/CAD has the narrowest differential (Diff. Weight 2), marking it as Range-Bound.

Author

Mohamad Gharib

Independent Analyst

Mohamad Gharib is a Financial Markets Analyst and Quantitative Researcher with more than 18 years of experience in financial markets, including 15 years as an FX Quant Trader.

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