Category Archives: Forex Qhov Taw Qhia

Getting To Know RSI Relative Strength Index Better

It was believed that when the RSI shoots up past the 70 level the price is thought to be overbought. Conversely, the price is thought to be oversold if the RSI falls below the 30 level. It is thought to be neutral if the index reading falls between the two extremes. There is no trend if the RSI Relative Strength Index reading is 50. Mus nyeem ntxiv

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