The AUDNZD remains in one of the markets strongest downtrends. Traders can judge trends by using the DMI indicator. With DMI – remaining dominant, traders will look for the downtrend to continue. The ...
ADX stands for Average Directional Movement Index, an oscillator driven by a mathematical derivation used in technical analysis to assess the strength of a price trend in a financial security.
Explore the ADX indicator's role in measuring trend strength. Using ADX can enhance your trading decisions, helping you identify strong trends and reduce risks efficiently.