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How to Determine Trend using RSI Indicator !!

 
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Author How to Determine Trend using RSI Indicator !!
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Post: #1   PostPosted: Tue Jul 14, 2015 10:37 am    Post subject: How to Determine Trend using RSI Indicator !! Reply with quote



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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