Reviewed by Nick Cawley on December 8, 2021
WHAT IS A 200 DAY MOVING AVERAGE
The 200 day moving average is a technical indicator used to analyze and identify long term trends. Essentially, it is a line that represents the average closing price for the last 200 days and can be applied to any security.
The 200 day moving average is widely used by forex traders because it is seen as a good indicator of the long term trend in the forex market. If price is consistently tradi