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Relative Strength Index PDF Print E-mail
Written by Stan Kajzerek   

Relative Strength Index / RSI – EG.: RSI 3 shows oversold and overbought quite well, but also look for divergence formation,- it just may show the beginning of a new Trend. The RSI is a very sensitive indicator and not very reliable on smaller time frames, but works great in channel formations. When you trade on the Forex market, think of a strength of a currency from two perspectives.

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