How does the volume indicator helps in determining the strength of a currency?

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Ann Hernandez
Answered 3 months ago
<p id="isPasted">Volume, along with price action, helps traders determine the strength of a currency by indicating the level of buying and selling pressure in the market. High volume during an uptrend suggests a strong bullish trend, while high volume during a downtrend indicates a strong bearish trend. Conversely, decreasing volume during a trend may signal a weakening of the trend and a potential reversal.&nbsp;</p><p><br></p>