➖✖️➕G10FX Momentum + Filter

• April end-of-month close, Spot vs USD. USD measured in BBDXY Spot

• Measure of momentum on different timeframes (1,2,3,6-months), the model applies a quality filter, FRG Filter. Model shorts negative momentum and goes long positive momentum

• The FRG Filter allows ranking momentum not only by how negative or positive currencies have been performing but by the amount of periods these have been outperforming or underperforming

• The results coming into May showed the next: CAD is top momentum and has the highest quality in the group. NZD has the lowest momentum and with the highest quality (to the downside) in the group. JPY had a higher negative momentum ranking than the NZD, but the model will ignore this as it does not show a quality pattern to justify a short