Nigeria

2025-01-31 16:29

IndustryADX AND DMI INDICATORS
The ADX (Average Directional Index) and DMI (Directional Movement Index) indicators help traders assess the strength and direction of a trend in the Forex market. • ADX measures trend strength on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest a weak or non-existent trend. • DMI consists of two components: • +DI (positive directional indicator): Measures upward price movement. • -DI (negative directional indicator): Measures downward price movement. When +DI crosses above -DI, it signals a potential uptrend, and vice versa for a downtrend. Together, ADX indicates trend strength, while DMI shows trend direction. #firstdealofthenewyearFateema
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ADX AND DMI INDICATORS
Nigeria | 2025-01-31 16:29
The ADX (Average Directional Index) and DMI (Directional Movement Index) indicators help traders assess the strength and direction of a trend in the Forex market. • ADX measures trend strength on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest a weak or non-existent trend. • DMI consists of two components: • +DI (positive directional indicator): Measures upward price movement. • -DI (negative directional indicator): Measures downward price movement. When +DI crosses above -DI, it signals a potential uptrend, and vice versa for a downtrend. Together, ADX indicates trend strength, while DMI shows trend direction. #firstdealofthenewyearFateema
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