FxPro Help Centre - Glossary

  1. Forex glossary terms and definitions
  2. Momentum

Momentum

Momentum is the rate at which an underlying asset’s price changes, either in an upward or downward direction. Once an asset begins to gather momentum it is considered increasingly likely that it will continue to move in the same direction. In technical analysis, indicators of momentum are called oscillators and are used to indicate emerging trends.

Other terms in this category

Mengambil Keuntungan (Take Profit Order)
Micro lot
Mini Lot
Minimum Bid Rate

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