So Guys, the above screenshot shows that the NZD was the strongest and that the AUD was the weakest currency, on that particular day that the screenshot was taken.
We know this, because the NZD rose against all the other 7 Currencies and the AUD fell against all the other 7 currencies, on that day.
The question is, can we figure out a way to determine when the NZD is now overbought, so that it can be sold and how can we tell when the AUD is oversold, so that it can be bought?
Any and all ideas are welcomed.