Normal
i would have thought a trend requires past reference points. to have just one price(last traded price) u cant gain any trend information. to have 2points, the last traded and the price before that doesnt really provide a trend, it just telss us wether the price has gone up or down BUT doesnt create a trend.trends definately occur over time and the longer the period used, the more accurate or reliable a trend is?thats not to say you cant use the last 1hours prices to form a trend for that hour and then use that to ANTICIPATE future prices in coming hours.
i would have thought a trend requires past reference points. to have just one price(last traded price) u cant gain any trend information. to have 2points, the last traded and the price before that doesnt really provide a trend, it just telss us wether the price has gone up or down BUT doesnt create a trend.
trends definately occur over time and the longer the period used, the more accurate or reliable a trend is?
thats not to say you cant use the last 1hours prices to form a trend for that hour and then use that to ANTICIPATE future prices in coming hours.
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