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Florence ADX

The Florence ADX (Average Directional Index) is a financial indicator used to measure the strength of a trend in a market, regardless of whether it's going up or down. It analyzes price movement data to determine how strongly an asset is trending, helping traders decide whether to follow the trend or wait. A high ADX value indicates a strong trend, while a low value suggests a weak or sideways market. It does not indicate the direction—only the trend's strength—making it useful for assessing market momentum.