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Tuesday, March 3, 2009
Forex Trading Momentum Analysis
Momentum analysis is a measure of the change in Forex trading trends over a certain period of time, similar to the RSI. The difference between momentum analysis and the RSI is that momentum gives you the option to analyze a specific rate variation in the time frame, while the RSI measures all of the rate changes in the time frame.
If the momentum is above 0, or it is seen as a rising curve, then an uptrend is present.
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