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What is technical analysis?

Modified on Fri, 17 Feb, 2023 at 11:34 AM

Technical analysis is the method of evaluation using statistical data of market activity which is concerned with prediction of future price movement by observing previous trading information and data. It can be performed using various methods including charting patterns, statistical indicators, oscillators, or combinations of these. It may seem complicated on the surface but it’s mostly the analysis of supply and demand in the market determined where price trend is heading to.

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