|Forex Signal |
In the world of forex, or foreign exchange, a forex signal is a form of suggestion that an order should be made on a certain pair of currency. The signal is usually give to the subscriber of a foreign signal service and can be generated by either a robot, or a human analyst. A forex signal is usually generated or suggested after studying and analyzing currency movements. Most forex signal services prefer to use automated robots for the generation of their forex signals, because these are usually able to get the job done in half the time. In other words, it is usually faster for an automated robot to analyze currency movements than a human analyst. As soon as the signals are analyzed, they are supposed to be sent out in a timely manner, which is why mediums like email, SMS, tweet, RSS and websites are used. These mediums usually deliver messages quickly and immediately, making the forex suggestions relevant at the time they are delivered. Speed is an essential factor in forex signal transactions, since the faster the signals are delivered, the more valuable they are.