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What are forex trading indicators?

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Nancy Scott

Lvl 7
7mo ago
Updated: 1/22/2025

Forex trading indicators are like your trusty tools when navigating the currency market. These mathematical calculations use price and volume data to help traders spot trends and gauge market conditions. Popular indicators include moving averages, which show overall trends, and the Relative Strength Index (RSI), which measures potential overbought or oversold situations.

Like a trader's sixth sense, they hint at when to buy or sell. But remember, they're guides, not crystal balls – use them wisely!

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