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technical_indicators:relative_strength_index_rsi [2019/06/24 19:38] 127.0.0.1 external edit |
technical_indicators:relative_strength_index_rsi [2020/07/14 15:42] betseyp [Trend ID] |
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| {{:technical_indicators:relative_strength_index_rsi:rsi-9-spybull.png|Chart 9 - RSI Trend ID}} | {{:technical_indicators:relative_strength_index_rsi:rsi-9-spybull.png|Chart 9 - RSI Trend ID}} | ||
| - | On the flip side, RSI tends to fluctuate between 10 and 60 in a bear market (downtrend) with the 50-60 zone acting as resistance. Chart 10 shows 14-day RSI for the US Dollar Index ($USD) during its 2009 downtrend. RSI moved to 30 in March to signal the start of a bear range. The 40-50 zone subsequently marked resistance until a breakout in December. | + | On the flip side, RSI tends to fluctuate between 10 and 60 in a bear market (downtrend) with the 50-60 zone acting as resistance. Chart 10 shows 14-day RSI for the US Dollar Index ($USD) during its 2009 downtrend. RSI moved to 30 in March to signal the start of a bear range. The 50-60 zone subsequently marked resistance until a breakout in December. |
| {{:technical_indicators:relative_strength_index_rsi:rsi-10-usdbear.png|Chart 10 - RSI Trend ID}} | {{:technical_indicators:relative_strength_index_rsi:rsi-10-usdbear.png|Chart 10 - RSI Trend ID}} | ||
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| - | For more details on the syntax to use for RSI scans, please see our [[docs>scans:indicators#relative_strength_index_rsi|Scanning Indicator Reference]] in the Support Center. | + | For more details on the syntax to use for RSI scans, please see our [[https://support.stockcharts.com/doku.php?id=scans:indicators#relative_strength_index_rsi|Scanning Indicator Reference]] in the Support Center. |
| ===== Further Study ===== | ===== Further Study ===== | ||