The Capital
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Why is the 200-Day Simple Moving Average Considered Important?

Determine the overall long-term trend of a security

Photo by M. B. M. on Unsplash

The 200-Day Simple Moving Average (SMA) is considered one of the key technical indicators in the world of finance for determining the overall long-term trend of a security. Whether you are looking at a stock such as Apple or a cryptocurrency such as Bitcoin, the 200-Day SMA…

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Tunji Onigbanjo

Tunji Onigbanjo

Financial literacy is important.

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