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Trends tell about the direction of the stock, it will signal traders when to buy and when to sell.
There are 3 trends
1. Uptrend
2. Sideways
3. Downtrend
And to to identify these trend it may be done using
1. Channel line
2. Moving Averages: same say this is the easiest to learn
3. Price action: some say this is the best indicator
A trader Ninuni Nunu wrote about it wonderfully.
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