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Question - Forex Forexqna Indicator

What is the need of the angle/degrees of an EMA and SMA on the chart?

1 Answer

Frederick Frank

Answered 2 months, 4 weeks ago

The angle or slope of an Exponential Moving Average (EMA) and Simple Moving Average (SMA) on a chart provides valuable insights into market trends and momentum. A steeper angle indicates a stronger trend, while a shallower angle suggests a weaker or flattening trend.

What is the need of the angle/degrees of an EMA and SMA on the chart?

1 Answer

1 Answer

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