Measure the strength of various trading instruments in real-time data with one of the best market heat maps on the market. Use this free investment tool to determine the strongest and weakest trading instruments right now.
The Market Heat Map is a great investment research tool for traders who want to easily determine when a currency, index, commodity, or cryptocurrency moves strong or weak against another currency.
Its primary function is to highlight relative strength and weakness in currencies, indices, commodities and cryptos.
It provides traders with a quick visual guide of what is currently happening with the most popular trading instruments in the market and helps them clearly see the strongest and the weakest ones on different time frames (e.g. 1 week, 1 day, 4 hours, etc).
The Market Heat Map consists of some coloured small and some coloured large blocks. Each of these blocks represents the performance of a trading instrument (part of different asset classes) in a chosen time frame.
It takes readings of different currencies, currency pairs, stock market indices, commodities and crypto over a specified period and applies calculations individually. Afterwards, it combines each associated one and determines the overall live strength of the individual trading instrument.
The size of the block depends on how much a specific trading instrument moved - the larger the movement, the larger cell. This allows traders to see at just a glance how strong or weak various trading instruments are, with positive (green) readings indicating strength and negative (red) readings indicating weakness.
Hovering over a trading instrument will show you a pop-up with additional information such as relative strength in specific periods.
With the wide variety of real-time data these heat maps provide, the data values are presented in different colors to help you quickly understand the information.
Explore benefits and free extras such as other financial calculators you can get if you open an account with Switch Markets.
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