FOREX CHARTS
Forex charts are the basic tool of the technical analyst in the forex market. From the most basic to the highly complex charts, it is here that the analyst will start and end his decisions to transact in the forex market.
LINE CHART
The line chart takes the close of each period(week,day,hour) and connects to the closing price in the next period to create a continious line of data. The line chart is the simplest chart used to analyze the forex market.
BAR CHART
The bar chart takes the opening, closing, high and low of each period to create a bar for every data set. The bar chart contains more information for the forex market than the simple line chart.
CANDLESTICK CHART
The candlestick chart contains all the information of the bar chart but displays it in its own unique way. The candlestick is empty when the the period closes higher and filled when the period closes lower. The candlestick chart is a favourite amongs forex analysts. View candlesticks for more detailed discussions on the impact of candlesicks in the forex market.
Use the free charts to test your skills