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How to Determine Trend?

Posted By On 1/20/2008 04:15:00 PM Under
1. One has to remember that one will be able to identify a trend only when it is existing and thus one has to use the correct tools to identify a trend.

2. MACD or moving averages helps one to identify a trend on a larger time frame.

3. ADX enables one to determine the strength of the trend.

4. One can identify trend with help of 20 DMA, RSI and Stochastics on shorter time frame.

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