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Igor

Relative Strength Index - RSI Definition

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Used most often on the 14-day time frame, the RSI is calibrated from 0 to 100. The RSI measures the ratio of the number of times the asset has closed higher to the number of times the asset has closed lower; this is the momentum of the asset. Values that are above 80 show stronger buying momentum, while values below 20 show stronger selling momentum. Traders can now use this information to determine if it is safe to buy or sell an asset, based on its momentum values.

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