$US daily chart broke below MA200 (0.01739).
Let's break this number down.
Moving averages are calculated from prices that have already occurred, so they inherently lag: the longer the period, the steadier the moving average and the slower it turns.
It's safer to look for confirmation from multiple indicators than to rely on just one, but even more signals can't provide a definitive answer.
Let's break this number down.
Moving averages are calculated from prices that have already occurred, so they inherently lag: the longer the period, the steadier the moving average and the slower it turns.
It's safer to look for confirmation from multiple indicators than to rely on just one, but even more signals can't provide a definitive answer.