EconomicForex is an indicator designed for forex traders and analysts to monitor and compare key economic indicators of two currencies within a forex pair. It visualizes inflation rates, nominal interest rates, and real interest rates on a line chart, enabling users to assess the macroeconomic environment and its impact on currency valuation.

The indicator distinguishes between nominal interest rates (the gross interest rate) and real interest rates (adjusted for inflation), highlighting the purchasing power of money. It allows comparison of economic conditions between a main currency and a counterparty currency by plotting their respective inflation, nominal, and real interest rates over time. This helps identify trends and relative investment attractiveness; for example, a higher real interest rate in the main currency compared to the counterpart may indicate greater investment appeal.

Users input data such as inflation and nominal interest rates for each currency, which can be sourced from economic data websites like TradingEconomics.com. The tool supports informed decision-making in the forex market by providing a clear view of evolving economic factors affecting currency pairs.