ema for checking trend
What Is an Exponential Moving Average (EMA)?
An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points.
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The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average simple moving average (SMA), which applies an equal weight to all observations in the period.
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