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How to Determine Trend using RSI Indicator !! |
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Post: #1  Posted: Tue Jul 14, 2015 10:37 am Post subject: How to Determine Trend using RSI Indicator !! |
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Determining the Trend using RSI
RSI is a very popular tool because it can also be used to confirm trend formations. If you think a trend is forming, take a quick look at the RSI and look at whether it is above or below 50.
If you are looking at a possible uptrend, then make sure the RSI is above 50. If you are looking at a possible downtrend, then make sure the RSI is below 50. |
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