Exchange Rate Trends

The application shows exchange rates set by the European Central Bank. The Bank updates rates once a day. Trends are calculated based on trend indicators of technical analysis. AChartEngine library is used for charting.

Unlike other mobile applications that receive actual rates from national central banks and exchange rates set by local banks, ER Trends shows WHEN exchange operations as well as buying/selling should be performed. Avoiding the bulkiness and subtleties of technical analysis, it is possible to observe the currency behavior over the last 3 months, to receive a prediction.

The prediction should be taken as statistical probability of the price movement. For investment purposes you should be guided by the money management principles. The author does not guarantee that the price will vary according to the obtained prediction, nobody will be liable for any kind of loss while using or misusing this software.

ER Trends can be used by tourists planning their trips and costs, short-term investors, and ordinary people saving money in different currencies.

USD, EUR, JPY, GBP were selected as Top-4 in the list of reserve currencies.