The ROC indicator is plotted against zero, with the indicator moving upwards into positive territory if price changes are to the upside, and moving into negative territory if price changes are to the downside.NA rising ROC above zero typically confirms an uptrend while a falling ROC below zero indicates a downtrend.BNow ROC is hover near Zero, so its signal for downtrend for this FCPO.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.