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Commodity Channel Index

(CCI)


A technical analysis oscillator typically used to signal over-bought or over-sold conditions in forex trading.It is calculated as the difference between the typical price and its simple moving average (MA), divided by the mean deviation (D): CCI = (Price - MA) / (0.015 * D). Readings above +100 or below -100 imply that prices are over-bought or over-sold.

 

 
 
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