Education

The Basics of Technical Analysis
Trend

Trend is simply, the overall direction prices are moving, UP, DOWN, OR FLAT.

CHART 1

CHART 2

In the Foreign Exchange (FX) Market, it is possible to profit from Up and Down movements, because of the buying of one currency and selling against the other currency. For example, buy US Dollar and Sell Japanese Yen--e.g.The Up Trend chart.

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