A forex heatmap is a visual tool that displays the relative strength or weakness of various currency pairs in real-time. It uses colour coding, typically green for strength and red for weakness, to provide a clear snapshot of market dynamics. By showing which currencies are appreciating or depreciating against others, a heatmap helps traders quickly identify trends, correlations, and potential trading opportunities. With its ability to represent data across multiple time frames, a forex heatmap simplifies decision-making and enhances risk management, making it an essential resource for both novice and experienced traders.