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What is the RSI Indicator?
📌 Relative Strength Index (RSI) for Beginners
The RSI indicator, or Relative Strength Index, is a technical analysis tool used to determine the strength of price movement and to identify whether a currency or stock is in a state of overbought or oversold.
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🔍 How does RSI work?
The indicator moves between 0 and 100.
Above 70 ➡️ the market is in a state of overbought (there may be a correction or upcoming decrease).
The RSI indicator, or Relative Strength Index, is a technical analysis tool used to determine the strength of price movement and to identify whether a currency or stock is in a state of overbought or oversold.
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🔍 How does RSI work?
The indicator moves between 0 and 100.
Above 70 ➡️ the market is in a state of overbought (there may be a correction or upcoming decrease).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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