A double moving average rule requires selling a currency when:
A) the long moving average cuts the short moving average from below
B) the short moving average is equal to the long moving average
C) the long moving average cuts the short moving average from above
D) none of the given answers

Question

Quizplus · Accepted Answer

The double moving average rule is a technical analysis tool used to identify potential trading opportunities. It involves using two moving averages, one with a shorter period and one with a longer period. When the shorter moving average crosses the longer moving average from below, it is considered a sell signal.

A Double Moving Average Rule Requires Selling a Currency When