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Tagged: Moving Average
moving average is the technical indicator
moving average works well during trending
moving average looks smoother by indicating a coloured line in the chart and it is effective for short term 21 days i.e. one month
if the price goes above the indicator then the trend is bullish
if the price goes below the indicator then the trend is bearish
Moving average is a technical indicator that works during trending period and it takes into consideration closing average of 21 days.
Indicator used in Trending Zone.
Moving average is a technical indicator that is used during trending period. It basically forms a curved line that identifies an average price over last 21days(or given period)
Its an technical indicator that holds good during trending period, the input required is the closing average of 21 working days.
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