1、TCC Top Forex ：A Relative Strength Analysis in TradingFirst, what is foreign exchange: The foreign exchange or foreign exchange market is the worlds largest financial market, with daily trading volume exceeding $1.5 trillion, trading currency. Unlike other financial markets, the foreign exchange mar
2、ket has no physical location, no exchange center. Through banks, The company and the individuals electronic network handle one currency against another.Analysis means: Helps predict the direction of the market based on relevant technical data on price volatility in the market, or fundamentals such a
3、s company profitability.Relative strength analysis is a technical report that allows investors and brokers to make foreign exchange trading decisions in advance. Foreign exchange, also known as the foreign exchange or foreign exchange market, is the most liquid in all markets in the world. More than
4、 20,000 per day through the foreign exchange market. Millions of dollars of funds change hands. There are many factors affecting the stock market and foreign exchange market.When investors and brokers understand the relevant strength analysis, they will get an outline of how the trend in Forex will
5、be. This analysis allows brokers to view trends in the current foreign exchange market and allow them to know if they are interested in buying or selling currencies. This will help investors or financial institutions make sound decisions about the direction of market profitability and loss.There are
6、 many factors affecting exchange rates in foreign exchange. These factors include political events, government policies, inflation, and current trends in import and export business, consumer choices and even global natural disasters. Relevant strength analysis focuses on all of these factors. The pa
7、st trends are also considered, but not the only thing that is of concern when predicting market types.The relative strength analysis compares all foreign exchange currencies and exchange rates on a daily basis. Then classifies and ranks the reports strong ratings based on the previous weeks rating.
8、This report relies on at least 45 weeks of data so it can be easily seen to see continued growth. This analysis was It is considered to be the most valuable tool for predicting trends in Forex trading. In addition, it can show the level of stocks and which rank is the strongest. The stock market has a direct relationship with the foreign exchange market because it reflects the currencies bought and sold. Trends that will increase or decrease the value of money.
