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How to look at averages in foreign exchange speculation

  Moving averages play a reference role in the trend of the forexrebateclub cashback forex American Wall Street securities market cashbackforexexness popular with a famous proverb do not fight with the trend, so what is the trend? A simple statement is that the 10-day or 25-day or 60-day arithmetic average of the exchange rate is calculated cashbackforexbroker drawn on the chart, and then compared with the exchange rate of the day, if the average forex rebate club moves up, the exchange rate for the upward trend, if the average line moves downward, for the downward trend of the following three main moving averages for all types of investors to refer to (a) short-term averages 3 day average: this line with the ups and downs of the days exchange rate distortion Obviously, extremely irregular, it is difficult to find its pattern 5 day average: because there are five trading days per week, so pay attention to whether this line can go through or under the 10-day line is a common reference line for short-term customers 10-day average: this line is widely used, it can effectively reflect the average cost of the exchange rate changes and trends, can be used as a short term buy and sell reference 15-day average: commonly known as the half-moon line, the use of this line of less investors (ii) (1) medium-term average 25-day line: this line is more efficient, some investors and institutions in Europe prefer to use this line 30-day line: this moving average and other averages with the use of the majority of investors can refer to the day the exchange rate and short-term and medium and long-term average dynamics and understand the correlation between them Eastern investors prefer to use this line 37-day line: the calculation and review is very inconvenient, only as Reference 8-week, 10-week line: U.S. investors and institutions prefer to use these two averages to explain the trend of medium- and long-term exchange rate movements 60-day line and 75-day line: commonly known as the quarterly line, these two lines can reflect the characteristics of moving averages, sampling is reasonable, more realistic and can reliably reflect the trend of the exchange rate (c) long-term averages are mainly for long-term operations for reference, divided into 150-day line (half-year line), 200-day line, 295-day line (half-year line) 200-day line, 295-day line (annual line) and then a long average, but considering the time is too long, the sample is too large, the validity is too low, losing reference significance

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