Relative Strength Index (RSI)

Relative Strength Index (RSI)

The Relative Strength Index (RSI), invented by J. Welles Wilder is a technical oscillator which fluctuates between 0 and 100. 70 is considered overbought while 30 is considered oversold. Use the RSI oscillator in conjunction with other analysis tools to build a complete forex trading strategy.

Suggested Further Readings

How To Use Relative Strength (RSI) in Forex

Forex RSI Trading Strategy

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