Using Relative Strength Index (RSI) in Forex Trading
Video Summary
Considered one of the most reliable indicators for evaluating the strength of the current trend, the Relative Strength Index reacts to each new price and determines the likelihood of the trend continuing. To do this, the RSI calculates a strength value as each new price becomes available and plots this value on the RSI scale from where you can see if the trend is gaining or losing momentum.
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