In volatile situations such as the stock market, sales, tourism and travel, such an assumption must be viewed with some caution. Note that each point on the moving average is plotted as the middle of the three years with respect to the X axis. This also reflects the fact that we have chosen to use an odd number to work out our averages. This article has shown how to calculate trends, analyse them and use them to make forecasts for the future.
Oftentimes traders will trade only in the direction […]