An indicator used to measure the strength of a trend and indicate if it is trending or ranging. It has a range from 0-100 with 100 indicating a very strong trend. The value from 0-20 shows no sign of true trends, if the number is over 25 then the market is trending.
NOTE: This indicator does not help with finding the direction of a trend, it just identifies the strength of a trend.
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A bearish trend that consists of lower lows and lower highs.
