What is trend line chart - Definition and Meaning

Trend Line Chart :

Trend Line Chart is an important tool used in the trend identification and confirmation. It is used for technical analyses. The trend line is also called as Dutch line. Trend lines are formed when the diagonal line is drawn between two or more price pivot points, which further extends towards the future acting as a line of support or resistance. It is most commonly used by the traders.

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Learn what is trend line chart. Also find the definition and meaning for various math words from this math dictionary.

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