Calculate Pearson correlation between 12 major forex pairs using historical price data.
Tool Status
Select period & click Calculate
Fetches historical data for 8 pairs and calculates Pearson correlation
Store this calculation, analyze compounding growth, and keep a clean history.
Pro Tip: Consistent use of this tool is one of the most important aspects of successful trading.
Pair Correlation measures how two currency pairs move in relation to each other. A correlation of +1.0 means they move identically; -1.0 means they move in exact opposite directions.
Understanding correlation is essential for risk management. Trading two highly correlated pairs (like EUR/USD and GBP/USD) effectively doubles your risk on the same market direction.
This tool calculates Pearson correlation using daily returns over your selected period, providing an accurate statistical measure of pair relationships.
Market Hours
Visualize the major trading sessions: Sydney, Tokyo, London, and New York.
Eco Calendar
Track high-impact economic events and news releases that move the markets.
Converter
Convert between 15+ currencies using live exchange rates from Yahoo Finance.
Live Rates
Real-time prices for major forex pairs, cross pairs, metals, and crypto from Yahoo Finance.
Heat Map
Visualize relative strength of 8 major currencies based on cross-pair performance.
Position Size
Calculate optimal lot size based on your risk percentage and stop loss distance.
Above +0.7 or below -0.7 is considered strong correlation. Between -0.3 and +0.3 is considered low correlation. Values in between are moderate.
Yes, correlation is not static. It can shift due to economic events, policy changes, and market conditions. That's why we offer different time periods.
Avoid opening multiple positions in highly correlated pairs (e.g., long EUR/USD and long GBP/USD). Use negative correlation for hedging.