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Tagged: Demand, Line Charts, Supply, Volume of Data
What type of Charts Used, Minimum look up period, Duration of Trend forecasting for Dow Theory?
Line charts are used for Dow theory. Daily charts are required with minimum 2 years of data.
This can be used for 2 months timeline.
The line chart with a minimum of two years data is used to forecast the trend for 2 to 3 months.
the line charts are used for dow theory. minimum look up period should be 2 mths. and the duration of trend forecasting can be for 2 mths.
Actually LINE CHARTS are best for analysing the DOW Theory.
Minimum look up period is the last 2 months.
For trend forecasting,2 years data is required for perfect forecasting.
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