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Trading Glossary

Relative Strength Index (RSI)

Relative Strength Index is the technical indicators that measures the strength and weakness of the currency pair that comparing the movements to the given time period. The RSI is considered a momentum indicator which means that it’s used to determine the speed and strength of price movement and whether the underlying momentum is strengthening or weakening.The RSI is displayed as an oscillator (a line graph that fluctuates between two extremes) and oscillates between 0 and 100.