ADX is at 11, which is bearish. Also the ADR find a way down.
An ADX value below 20 indicates that the trend is weak.
A value between 20 and 30 indicates a neutral force.
Note that this does not mean that the trend itself is neutral.
The indicator says something about the power of a trend.
Finally, above a value above 30, there is a strong trend.
Support level 7000
Resistance level 8300
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An ADX value below 20 indicates that the trend is weak.
A value between 20 and 30 indicates a neutral force.
Note that this does not mean that the trend itself is neutral.
The indicator says something about the power of a trend.
Finally, above a value above 30, there is a strong trend.
Support level 7000
Resistance level 8300
Please don't forget to like if you if you appreciate this!