How to Use the RSI (Relative Strength Index) Trading Indicator

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Developed by technical analysis pioneer, Welles Wilder, the Relative Strength Index (RSI) is a versatile indicator that measures the speed and change of price movement. The RSI is used in a number of capacities to determine when an instrument is overbought or oversold, confirm trend direction, identify potential entry and exit points and forecast possible market reversals.

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