The RelativeCurrencyStrength-indicator is a tool used in technical analysis for the forex-marekts and calculates the current and historical strength of a currency. The RCS can be used in all timeframes and presents valuable guidelines, which currency is currently overvalued or undervalued. You can compute many different signals with the RCS to gain extremely helpful insights into the currency markets.
- Efficient detection of over- and undervalues currencies
- Can be used in all timeframes - from scalpers to investors
- Following currencies are analyzed: USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY
- Possible trading-signals: RCS-extremums, RCS-divergences, RCS-crossings