Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.
The Relative Strength Index, RSI is classified as a momentum oscillator and is used to measure the speed and magnitude of directional price changes. Momentum is the rate at which prices rise or fall. RSI calculates momentum because of the ratio of higher closing price to lower closing price: stocks with more or stronger positive changes have higher RSI than stocks with more or stronger negative changes.
