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Besides from the first factor which might impact the currency trend which is history that I told you before from the previous post. Now I have two more importanct factors what you have to consider of in order to predict the currency trend as well which are currency chart and fundamentals.
Currency Chart:
A more popular method of trying to predict FOREX market trends is to keep currency charts that predict where currencies are likely to be going over the coming days, weeks and even months. One aspect you do need to be aware of with predicting currency trends using FOREX charts is that the information is normally submitted by yourself and is rarely verified.
Fundamentals:
Look at the fundamentals of the economic like interest rates, retail price index and others and see if any of fundamentals of economic might have the impact to the currency market trend. It can help you make a decision easier that you should buy or sell the currency or not.
