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Username: ForexGuy

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 20 Feb 2016
Category 17
Tag Forex
Question What is an 'Indicator'?
Advice from Guru
Hello ForexGuy,

Indicators are statistics used to measure current conditions as well as to forecast financial or economic trends. Economic indicators are statistical metrics used to measure the growth or contraction of the economy as a whole or sectors within the economy. Technical indicators are used extensively in technical analysis to predict changes in stock trends or price patterns in any traded asset. In fundamental analysis, economic indicators that quantify current economic and industry conditions are used to provide insight into the future profitability potential of public companies.

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