The
Swiss Forex Sentiment Index (SWFX) can be a very valuable tool for
intraday currency trading. The Index is based on transaction flow
information and is designed to show long and short ratio in the most
popular currency pairs. The percentage number of the ratio is simply
the amount of longs or shorts in the overall amount of opened positions
transacted in SWFX marketplace. SWFX Sentiment
Index gauges effective speculative interest in currency pairs and
currencies, and therefore can be used as a contrarian indicator. The
index is updated every 30 minutes.
