Foreign exchange chart analysis type 1, graph. The graph connects different market prices in chronological order to form a simple graph. Graph is a kind of foreign exchange chart that traders often use in the analysis of foreign exchange chart. In the figure, the vertical axis represents the price level of the market and the horizontal axis represents time.
The advantage of graphics is that it is convenient for traders to observe the trend of market price fluctuation intuitively, and at the same time, it can analyze the medium and long-term market graphic signals. The disadvantage of the graph is that it ignores the short-term price fluctuation and cannot clearly distinguish the short-term fluctuation trend of the market.
Foreign exchange chart analysis type 2, point chart. Bitmap is a kind of square chart, which is mainly used to help foreign exchange traders record, analyze and predict the changing trend of foreign exchange market prices and exchange rates. To draw a point map, you need to draw paper with a proper proportion, and then use multiple axes to represent the price and squares to represent the price level; It should be noted that the horizontal axis is not the time represented by other charts, but the price change and change speed in the opposite direction column by column.
Foreign exchange chart analysis type 3, straight line chart. Linear charts in foreign exchange are also called line charts, bar charts, etc. Line chart is a kind of technical analysis chart which is mainly popular in European and American foreign exchange markets. The straight line chart is evolved from the curve chart, and its main function is to record the fluctuation and trend of exchange rate in a period of time. In a straight line chart, the abscissa represents time and the ordinate represents the fluctuation range of exchange rate.