Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
The trendline has a positive slope and 3-day moving average is the trendline that is more sensitive to this change.
In this question,
Trendlines are used to give traders a good idea of the direction an investment's value might move. In a healthy trend, it's ideal to enter your trades on a pullback (towards the moving average).
Understanding the direction of an underlying trend is one of the most basic ways to increase the probability of making a successful trade because it ensures that the general market forces are working in your favor.
A moving average is a technical indicator that investors and traders use to determine the trend direction of securities. It is one of the commonly used technical tools best known as trend following or lagging indicator, because it is based on past prices.
The sales have been quite stable in the month, but the sales was exceptionally better in the past two days. If the analyst draws a line between these price points, they have an upward trend and 3-day moving average is the trendline that is more sensitive to this change.
Hence we can conclude that the trendline has a positive slope and 3-day moving average is the trendline that is more sensitive to this change.
Learn more about trendlines and moving averages here
https://brainly.com/question/14254610
#SPJ4
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.
