Average Directional Index (ADX)

DeFi

The Average Directional Index (ADX) is a tool used to gauge the strength of a market trend. It uses price averages and gives a score between 1 and 100, where a higher score indicates a stronger trend.

Definition: The Average Directional Index (ADX) is a tool used to gauge the strength of a market trend. It uses price averages and gives a score between 1 and 100, where a higher score indicates a stronger trend.

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