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
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.
Submit
There is no comment yet. Make the first one.