|55 and above||Positive Fundamental Outlook||Up trend|
|50 to 54||Neutral Fundamental Outlook||Neutral Trend|
|49 and below||Negative Fundamental Outlook||Down trend|
Outlook Score is a score assigned to the currency based on economic indicators and high-impact news releases such as: central bank speeches, breaking news, political developments, etc… A score between -3 to +3 is assigned to each scheduled events based on its importance, market focus, and surprise factor. For instance, the Non-farm Payroll should have more impact than the New Home Sales figure in the U.S., but if the New Home Sales comes out 100K more than forecast, it should have equal effect on the USD (as compared to NFP) in the long-term.
The Outlook Score is the summary of all of the individual scores assigned to each news releases that matters, and the score is carried over from month to month… this is based on the idea that fundamental sentiments are also carried over from month to month…
The score is modeled after the PMI (Purchasing Manager’s Index) releases, so we start at 50, and any number above 50 is considered positive, or below 50 as negative: