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If you\'ve ever heard of technical analysis, you\'ve probably also come across moving averages. That’s because moving averages are simple (well, sometimes they’re exponential, but never mind that for now) and, more importantly, they work.
Like most simple tools, in the hands of a trader who knows how to use them, moving averages can be quite powerful. They help reveal to you two crucial things that every investor or trader wants to know: whether a trend will continue, and when it’s about to change.