Statistics on the trend of money pairs help you follow the trend more effectively - P2
NZDUSD, GBPJPY, and EURJPY have the highest volatility and the highest price change over all three timeframes.
On the daily chart, USDCAD, GBPJPY, and AUDUSD pairs are the trendiest pairs to perform on average.
On the daily chart, the GBPJPY, USDJPY, and EURJPY pairs are the most likely trend pairs to perform based on the bottom of Dow Theory.
On the weekly chart, the EURGBP is the strongest trend pair when measured by the averages.
On the weekly chart, GBPJPY is the strongest pair in terms of peaks.
On a monthly basis, the AUDUSD ranks first when rated with SMA50, if converted to EMA50 then it belongs to GBPJPY.
On a monthly basis, with the criterion of bottom peaks, USDCAD completely dominated.
Other conclusions are drawn:
Traders should use relatively larger stopping distances when trading pairs such as NZDUSD, GBPJPY, and EURJPY.
Trading strategies based on the intersection of the MA curve are more efficient with the USDCAD pair and
AUDUSD on the daily frame, on the weekly frame is EURGBP, while for GBPJPY is relatively effective on all frames. Finally, the GBPJPY pair seems to be the most trending pair to stay in the top of the criteria without any resulting conflict. You may think that the actual transaction does not fit the above statistics to a certain extent, but hopefully with the information provided, you have more information to choose from. The currency pairs match the strategy that they use.
Congratulations @maitam87! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You published your First Post
You made your First Vote
You got a First Vote
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last announcement from @steemitboard!