Categories: Formula

What Is the Percentage Change Formula in Forex Trading?

The percentage change formula in Forex is an important concept to understand when trading currencies. It is a simple calculation that is used to compare the changes in currency pairs over time. It can tell traders when a currency pair is losing or gaining value, and can also be used to compare different currencies side by side and assess their performance. The percentage change formula is calculated by subtracting the older price from the current price, and then dividing the result by the older price. This will give traders an accurate idea of how much the currency has changed over a given time period.

Read More