The Gunners saw their Premier League title hopes damaged at Stamford Bridge as they were thrashed by the Blues.
However, Wenger is confident that his players can bounce back and respond positively in the coming weeks.
"An accident has happened, that doesn't mean that you're not a good driver," he told the club's official website. "It just means that we have played about 40 games this season and it's not what happened on Saturday that reflects the quality of this team.
"We have 62 points that we earned hard with quality games and that's what we want to focus on, to get back to that quality. We go back to basics."
Arsenal return to Premier League action tonight at home to Swansea City.