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Tagged: . Bar Charts, . Candle Sticks, Line Charts
What are different types of charts?
There are line charts, bar charts and candlesticks charts.
Line charts: connected with line on daily traded price and useful for analyzing the trend.
Bar charts: Contains additional information on the open, close, high low for each day in bar type.
Candle sticks : Similar to Bar chart but provides better readability.
the following are the type of charts
1. line chart – this chart has x and y axis where in the closing rate are being joined together to make a line
2. bar chart – this chart is a chart with information on opening/ closing prices with the days high and low
3. candlesticks – they show the trend apart from the information being provided in bar charts
Line charts, bar charts & candle stick charts are major charts used for analysis.
Line chart, Bar chart, Candle stick chart
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