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The fact of the matter is that many experienced forex traders consider the pair to be in a downward trend when the exchange rate is below the simple moving average line. However, if the market rate manages to break above the SMA line, then many market participants take this to be a sign of the reversal. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. Type in the correlation criteria to find the least and/or most correlated forex currencies in real time. Correlation ranges from -100% to +100%, where -100% represents currencies moving in opposite directions (negative correlation) and +100% represents currencies moving in the same direction. Forex Factory is where professional traders connect to the forex markets, and to each other. DISCLAIMER. Before you can access the full information on this site you must read the disclaimer below and agree to it. The Talanto Capital Markets Umbrella AIF VCIC Ltd (The “ Company ” or the “ Fund ” ) is a Cyprus-registered Variable Capital Investment Company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).
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