What are Trend-Lines Forex Signals? - What Do Trendlines Signals Mean?

A trendline on a forex chart is used to indicate the general direction of the prices - upwards or downwards.

Forex trendline signals are when the price touches/tests the trend-line - when the price touches/tests the trend-line then this is interpreted as buy signal or a sell signal

When price touches/tests the up-ward trend line it means this is a buy signal and traders will use this up-wards trendline point to open buy trades. The trade positions are then held open as long as the market prices remain above the upwards trend.

What are Trend-Lines Signals? - What are Trend-Lines Forex Signals? - What Do Trend-Lines Signals Mean?

When price touches/tests the downwards trend line it means this is a sell signal and traders will use this downward trend line point to open sell trades. The trade positions are then held open as long as the prices remain below the downward trend.

What are Trend-Lines Signals? - What are Trend-Lines FX Signals? - What Do Trend-Lines Signals Mean?

Get More Tutorials & Tutorials:

• What is 1 Pips Equal to for Nikkei225 Index?
• When is The Best Hours To Trade?
• Calculate Value of 1 Pips for S&P ASX200 Index
• What's Draw Down in XAUUSD and What is Maximum Draw Down in XAUUSD?
• How Can I Calculate Pip Value for Cent FX Trading Account?
• Demarks Projected Range XAU/USD Indicator Technical Analysis
• Bollinger Band Fibonacci Ratio Indicator
• What is 1 Pips Equal to for Nikkei225 Index?
• McGinley Dynamic Lesson Tutorial