With the OBV now above its rising weighted moving average and with confirming bullish signals in the analysis of the CHF and British pound (GBP), it suggested these currencies had bottomed out.
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The relative performance, or RS analysis, turned positive in early September when it moved above its weighted moving average (WMA).
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Daily RS analysis violated its uptrend, line c, in October, and has dropped below its weighted moving average (WMA).
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