Nigeria

2025-01-30 14:43

IndustryMoney Flow Index (MFI)
The Money Flow Index (MFI) is a momentum oscillator that combines price and volume to measure the flow of money into or out of an asset over a specified period, usually 14 periods. It is often referred to as a volume-weighted Relative Strength Index (RSI) because it uses both price and volume data to assess buying and selling pressure. • MFI > 80: Overbought, suggesting a potential sell signal. • MFI < 20: Oversold, signaling a potential buy. The MFI helps traders identify potential trend reversals, divergences, and whether the current trend has strong support from volume, making it particularly useful in confirming price movements. #firstdealofthenewyearFateema
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.

FX1419311631
Trader
Hot content

Industry

Event-A comment a day,Keep rewards worthy up to$27

Industry

Nigeria Event Giveaway-Win₦5000 Mobilephone Credit

Industry

Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit

Industry

South Africa Event-Come&Win 240ZAR Phone Credit

Industry

Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit

Industry

[Nigeria Event]Discuss&win 2500 Naira Phone Credit

Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index

Money Flow Index (MFI)
Nigeria | 2025-01-30 14:43
The Money Flow Index (MFI) is a momentum oscillator that combines price and volume to measure the flow of money into or out of an asset over a specified period, usually 14 periods. It is often referred to as a volume-weighted Relative Strength Index (RSI) because it uses both price and volume data to assess buying and selling pressure. • MFI > 80: Overbought, suggesting a potential sell signal. • MFI < 20: Oversold, signaling a potential buy. The MFI helps traders identify potential trend reversals, divergences, and whether the current trend has strong support from volume, making it particularly useful in confirming price movements. #firstdealofthenewyearFateema
Like 0
I want to comment, too

Submit

0Comments

There is no comment yet. Make the first one.