Linearly Weighted Moving Average (LWMA)
A moving average that traces the closing prices of an asset over a period of time, giving more weight to the more recent price data.
Did you know?
Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.
Word of the day
"Lagging Indicator" - A technical indicator that shows changes in the economy after they have occurred.
Most market activity occurs when at least two market centres are open at the same time.