Forex Forum
University => Learn Forex => Topic started by: Hemant on February 17, 2011, 05:02:24 am
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Correlation in the Forex Market
Statistically speaking, correlation is the measured relationship between two units over a series of time. Correlation is measured on a range of -1 (perfect negative correlation) to 1 (perfect positive correlation). A positive correlation implies that the two units move in similar directions, the higher the correlation the closer and
<p><a href="http://www.actionforex.com/articles-library/forex-articles/correlation-in-the-forex-market-2009050586722/">Read more...</a></p><img src="http://feeds.feedburner.com/~r/actionforex/yxoL/~4/b7ScOOnCARs" height="1" width="1"/>
Source: Correlation in the Forex Market (http://feeds.actionforex.com/~r/actionforex/yxoL/~3/b7ScOOnCARs/)