Chart analysis is an analytical method to show the situation of social phenomena in the form of statistical charts, and to compare, analyze and study the quantitative changes and regularity of social and economic phenomena from all aspects. This method can clearly and concisely show complex social and economic phenomena and make statistical analysis popular.
In today's foreign exchange investment field, the methods of analyzing prices are mainly divided into two schools: basic factor analysis and technical chart analysis, which are independent of each other. The basic factor analysis method pays more attention to medium and long-term analysis, and is more suitable for well-informed investors who have a full understanding of the foreign exchange market.
Technical diagram analysis is based on the dynamics and regularity of price, combined with the analysis of the relationship between consideration and time, to help investors judge the market and choose investment opportunities. It is more effective to analyze long and short positions, especially to grasp the timing of entering the market, which is more suitable for small investors.
Basic principles of chart analysis
The internal and external statistical information of enterprises is complex and changeable. In order to better show them and their internal relations, we need to analyze and study the attributes of these information abstractly. Chart analysis has its own expression characteristics, especially for the expression of concepts such as time and space and some abstract thinking, which cannot be replaced by words and words.
The chart should first be accurately expressed, and the content, nature or quantity of the things displayed should be accurately expressed. The readability of information expression, that is, the understanding of charts should be easy to understand, especially charts used for mass communication. The artistry of chart design through visual communication must take into account people's appreciation habits and aesthetic interests, which is also an artistic feature different from text expression.