Q: Hi, is this something very similar to finviz stock screener?
Do you have plans to integrate the forex markets as well?. I mean many would be interested if you can do something like a forex screener like forexearlywarning, finviz and tradingview forex screener whereby you analyse the strongest currency pairs with the weakest currency pairs and recommend you the pair to trade.
Regards
Plurkstar
Sean_from_Tykr.com
May 15, 2024A: Hi Hashim,
Thanks for you questions. I'll try to answer them as best as I can!
1. Tykr indeed is a stock screener (similar to Finviz). What makes us different is our focus on helping you find low risk / high value stocks (based on the strategy of value investing) and providing easy educational content to teach you to be a great investor.
2. Regarding Forex support, TL;DR: no.
The reason is, Tykr analyzes businesses. It specifically looks at 5 years of historical data from the Income Statement, Cash Flow Statement, and Balance Sheet.
Currencies do not have an income statement, cash flow statement, or balance sheet like a business. In other words, it’s a different asset class and in my opinion, not possible to analyze.
Our focus with Tykr really is on (longer-term / low risk) value investing.
I hope that helps to clarify!
Best,
Sean