Kinds of Charts | FOREX | FOREX TRADING

FOREX | FOREX TRADING

There are 3 kinds of the most chart that usually use to analyze, they are:

1.   Line chart

2.   Bar chart

3.   Candlestick chart.

1. Line Chart

Line chart is a simply chart, it is consists of periods of price movement then connected thus a line. Line chart usually shown of price movement in a certain time, daily, weekly, monthly, or in a minute and second time.

2. Bar Chart

Bar chart is shown as a bar graph that consists of opening price, closing, highest and lowest of securities in certain time.

The highest price is shown by top of vertical bar chart, the lowest price is shown by bottom of bar chart. Opening and closing price shown by short line that cutting the bar chart.

3. Candlestick chart

Candlestick chart is a price chart that visually likes a candle. Down value movement is shown by red candlestick and up value movement is shown by black candlestick. Candlestick chart usually use to analyze securities value movement in certain time.