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Tagged: Demand, Line Charts, Supply, Volume of Data
For Dow theory the chart used is line chart with a minimum look up period of 2 years and a trend forecast duration of 2 to 3 months.
Charts used in line charts
Minimum look up period is 2 years
Duration of trend forecasting is 2 to 3 months.
To Determine the direction for the Trend through Dow Theory
We need to use the LINE CHART and Minimum Duration has to be Two Years
Chart used – Linear
Minimum look up period – 1 year
Duration of trend forecasting – 1 month
Line chart is used for Dow theory.
Minimum look up period is 2 years.
Duration of trend forecasting is 1-3 months.
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