Hello ForexGuy, Unchanged refers to a situation in which the price or rate of a security is the same between two periods. This can be over any time frame including a trading day, week or even as much as a year. Unchanged is a term used universally among equity, fixed-income, futures and options markets. The term also applies to indexes, exchange-traded funds and the net asset value of mutual funds. While it is possible to note an unchanged price between two random times, say 3 p.m on a Thursday and then at 10:15 a.m. the following Tuesday, most investors and traders focus on either unchanged intra-day prices, or unchanged closing prices over multiple trading days. |
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