Currency Strength Meter

Review by eFreeware

Currency Strength Meter is a free Android app from the developer shubhlaxmi, listed in the Finance category. Its purpose is narrow and clear: it lets you check how currency pairs are performing across different timeframes, with the strength reading drawn from a TradingView currency strength widget. If you trade forex and want a quick read on which currencies are strong and which are weak without opening a full charting platform, that is the main reason to consider it.

The app has been on Google Play since November 2019 and has been updated as recently as August 2026, which suggests the developer is still working on it. It has over 10,000 installs and a 3.5 average rating from 132 ratings. That is a middling score, and it tells you this is a utility with a following rather than a polished flagship product.

How the strength meter works

The core of the app is the currency strength meter itself. The developer has built it on TradingView's currency strength widget, so the strength readings come from that source rather than from a proprietary calculation. For someone who already trusts TradingView data, that is a point in the app's favor; for someone who wants a black-box signal generator, it is simply a display of strength values.

The workflow is deliberately simple. You pick a currency pair, then pick a timeframe, and the app shows you the strength for that combination. All the major currency pairs are included, so the usual majors are what you will be working with here.

What I like about this setup is that it does not try to be a trading platform. It is a checking tool: you look at strength, you form a view, and you move on. Traders who scalp short timeframes and traders who look at daily or weekly charts can both use it because the timeframe selection is in your hands.

Support, resistance and the extra screens

Beyond the meter, the app bundles four types of support and resistance levels: Classic Pivot, Fibonacci Pivot, Camarilla Levels and Woodie's Levels. Having all four in one place is useful because different traders favor different pivot methods, and switching between them normally means visiting separate sites or setting up separate indicators.

The app also includes real-time currency live rates and real-time currency charts that work without any additional tools. In practice that means you can check a rate and look at a chart inside the same app rather than jumping between browser tabs or broker platforms.

Two more screens round out the feature set. There is a currency heat map, which gives a visual overview of how currencies are performing relative to one another, and currency cross rates for pairs that do not involve the US dollar. Together with the meter and the pivot levels, that is a fairly complete set of reference tools for a free app.

What it asks of you

The app is free to download, and it contains ads. It also offers in-app purchases. The app does not go into detail about what those purchases cover, so I would treat the free version as the starting point and decide from there whether the paid extras matter to you.

Since the strength data comes from a TradingView widget, the readings reflect that source. That is worth keeping in mind depending on how you like to work.

There is also a learning curve if you are new to forex. Support and resistance levels, pivot points and cross rates are standard vocabulary for traders, but the app assumes you know what they mean. It is a reference tool for people who already understand the concepts, not a teaching app.

Getting the most from it

The most practical way to use this app is as a pre-trade check. Before you commit to a position, open the meter, look at the strength of both currencies in the pair across the timeframes you care about, and then check the pivot levels for your entry and exit zones. The heat map is useful for the same purpose at a broader level, letting you see which currencies are strong across the board before you narrow down to a specific pair.

Because the app covers several timeframes, it rewards a consistent routine. Pick the timeframes that match your trading style and stick with them rather than flipping between all of them. The cross rates screen is handy when you are looking at a pair that does not include the dollar, since it saves you from calculating the conversion yourself.

The 3.5 rating suggests the app has not pleased everyone, and with a free, ad-supported tool that is not surprising. I would go in expecting a functional reference utility rather than a polished trading terminal, and judge it on whether the strength readings and levels are useful to your process.

A quick-reference tool for active forex traders

Currency Strength Meter is worth installing if you trade forex and want strength readings, pivot levels, live rates, charts, a heat map and cross rates in one free app. The TradingView foundation gives the strength data a recognizable source, and the four pivot methods cover most of the level styles traders use.

It is not a platform for placing trades or learning forex from scratch, and the ads and in-app purchases are part of the deal. But as a fast check before you open your broker, it does a focused job. If your routine already includes checking currency strength and key levels, this app puts those steps in one place.

The middling rating is a fair signal that this is a utility rather than a standout. For traders who know what they are looking for, that is enough.