Trend-Following Indicator FX

This category of indicators can be used to determine if an asset is trending or not. To do this, it looks at the price action of the asset and compares it to past price action. If the current price action is higher than the past price action, the asset is considered to be in an uptrend. Conversely, if the current price action is lower than the past price action, it is said to be in a downtrend. The Trend-Following indicator can be used on any time frame, but is most commonly used on longer time frames, such as daily or weekly charts.
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