Jump to content

IG Community Blog

  • entries
    204
  • comments
    159
  • views
    81,582

Contributors to this blog

About this blog

Entries in this blog

200 Day Moving Average: What it is and How it Works

Reviewed by Nick Cawley on December 8, 2021 WHAT IS A 200 DAY MOVING AVERAGE The 200 day moving average is a technical indicator used to analyze and identify long term trends. Essentially, it is a line that represents the average closing price for the last 200 days and can be applied to any security. The 200 day moving average is widely used by forex traders because it is seen as a good indicator of the long term trend in the forex market. If price is consistently tradi

MongiIG

MongiIG in Analyst piece

×
×
  • Create New...