Indicators suitable for long-term forex trade

[Potuse]

The long-term forex trade uses specific indicators because there are some indicators that are suitable for long-term trade only. indicators that are suitable for long-term trade are moving averages, momentum indicators and economic indicators like gross domestic product GDP, unemployment rate and inflation rate.

 

[Yohanna]

The exponential moving average is a very good indicator that could be used when you are trading on a long-term projection because you're going to make correct predictions of the trend using this indicator.