Advances and Declines refer to the number of currency pairs in a watchlist that closed at a higher and lower price than the previous time interval.
For example, if the time interval under Settings is set to 1D, then advances and declines refer to the number of currency pairs that closed at a higher price and lower price than the previous day.
For example, if the time interval under Settings is set to 1D, then advances and declines refer to the number of currency pairs that closed at a higher price and lower price than the previous day.
In the example above, the EUR Pairs watchlist is shown which contains 7 currency pairs.
From the 7 currency pairs, 3 currency pairs (or 43% of all pairs in the watchlist) have increased in price from the previous day, while 4 currency pairs (or 57% of all pairs in the watchlist) have decreased in price.
This means that 3 currency pairs have "gained" in price while 4 currency pairs have "declined" in price.
The Advances and Declines chart visually shows a high-level overview of price changes of currency pairs within a watchlist.
You're able to quickly see how many currency pairs went up or down within a selected timeframe.
From the 7 currency pairs, 3 currency pairs (or 43% of all pairs in the watchlist) have increased in price from the previous day, while 4 currency pairs (or 57% of all pairs in the watchlist) have decreased in price.
This means that 3 currency pairs have "gained" in price while 4 currency pairs have "declined" in price.
The Advances and Declines chart visually shows a high-level overview of price changes of currency pairs within a watchlist.
You're able to quickly see how many currency pairs went up or down within a selected timeframe.
For example, if you're looking at the EUR Pairs watchlist, it contains the popular EUR pairs.
If all (100%) of the currency pairs have increased from the previous day, this can be interpreted as the euro showing strength "across the board" and not just against any one currency.