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A percentage of Buy deals on Forex is calculated as a ratio of Buy trades volume to total volume of trades on a certain currency pair.
Accordingly, the higher the percentage is, the more funds were invested in growth of a currency instrument. If the percentage of Buy trades is low, a preponderance of traders think a currency is unlikely to rise.
On the other hand, an increase in the indicator may also point to slackening sales, besides vivid purchases of a certain currency pair. Meanwhile, a falling percentage of bullish trades is a signal of more active selling or less buying of a certain currency instrument.
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