1. One has the ability to choose between a number of moving average combinations to make the merry from the technical analysis as it seldom fails.
2. one can use varying time frames for the moving averages and prominent among them are 30 and 200 day moving average for long term trend.
3. One can use 13 day moving average and 30 day moving average for short term trend.
4. Alternatively one can also use 10 and 50 day moving averages for the short term trend.
5. try these combinations and find out that one is comfiortable with which time frame and thereafter use it regularly and become master in its interpretation.
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2. one can use varying time frames for the moving averages and prominent among them are 30 and 200 day moving average for long term trend.
3. One can use 13 day moving average and 30 day moving average for short term trend.
4. Alternatively one can also use 10 and 50 day moving averages for the short term trend.
5. try these combinations and find out that one is comfiortable with which time frame and thereafter use it regularly and become master in its interpretation.
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