What Kairi Relative Index Mean?
A technical indicator used to place relations in trending markets. The Kairi Relative index was created long ago in Japan by an unknown founder and wears like the Relative Strength Index.
Kairi Relative Index
The Kairi Relative index is considered a vibrator, and leading indicator. The index is calculated by the deviation of current price from its simple moving average as a percentage of the average range. By recognizing trending markets that are overextended, retailers are hoping to capitalize on the downside.
Saturday, March 19, 2011
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