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The Basics of RSI. Relative strength index is a point scale that depicts the momentum of the price movements for a given forex currency pair. The MACD and RSI are both popular technical indicators that track price momentum of a stock or other security. · MACD is calculated by subtracting the period. MACD is used by technical traders in stocks, bonds, commodities, and FX markets. Here we give an overview of how to use the MACD indicator.