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The line chart with a minimum of two years data is used to forecast the trend for 2 to 3 months.
Line charts are used with a look up period of 2 years
2-3 months is the duration of trend forecasting dow theory
Charts used – Line chart (Daily)
Minimum look-up period – 2 years
Duration of trend forecasting – 3 months to +1 year
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Charts used – Line chart</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Minimum look-up period – 2 years</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Duration of trend forecasting – 3 months -6 months</p>
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