The EURO Currency Index L Candle was the geometrically weighted average compared to above currencies.
The formula for the calculation was 34.38805726 multiplied by the product of all components in the basket of currencies.
The index was a ratio that compared the value of the Euro by a currency basket of five currencies:
US-Dollar 31.55 percent
British Pound 30.56 percent
Japanese Yen 18.91 percent
Swiss Franc 11.13 percent
Swedish Krona 7.85 percent
EURO Currency Index L Candle goes up when the EURO gains "strength" (value) when compared to other currencies.
The EURO Currency Index L Candle draws the current price horizontal line and displays the price above the line to the right side of the chart.