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HomeRight Arrow TerminologyRight Arrow Trendline

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Trendline

A trendline is a technical analysis tool that uses a straight line to connect two or more significant price points on a chart. It can be used to identify the direction and strength of a trend, as well as potential support and resistance levels. Trendlines can be horizontal, upward-sloping, or downward-sloping, and are commonly used by traders to help make trading decisions.

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