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Monthly Magazine

As of 2024, the foreign exchange (Forex) market continues to evolve, driven by various factors such as economic trends, technological advancements, and market strategies. Economic trends play a significant role in the Forex market. A strong economy generally correlates with a strong currency, attracting investment. Forex trends can be long term, short term, upward, downward, or even sideways. The ability to identify these trends is crucial for successful Forex trading. Some trends can become so exuberant that prices form a j-shaped or parabolic curve, indicating irrational exuberance among traders.

Magazine Jan 24

Published Jan 2024