Learn how to use the MACD indicator to improve your technical analysis and trading skills in the forex market.

The chart above depicts Wells Fargo’s (WFC) daily price chart data from April 2020 to June 2021. In November 2020, we can see that the RSI reading has risen above 70 and that the MACD has turned ...

MACD Crossover. The most commonly discussed way to use the MACD is to buy the instrument being charted when the fast line crosses above the signal line (bullish crossover) and sell (or short) it when ...

Moving average convergence divergence, or MACD (pronounced Mac-D), is a popular momentum indicator that traders use to measure the strength and duration of a trend.

Before we get into how traders use and interpret MACD, let’s take a look at how MACD is represented in the 6-month chart for General Electric CompanyGE.

Among these tools, the MACD indicator stands out as a favourite for tracking market momentum. Traders use it to spot where to buy or sell and gauge how strong or weak a market trend might be.

MACD can be used to provide very clear buy and sell signals and help takes indecision out of the trading process. The chart below shows MACD with a signal line in the center of the chart and the ...