Which one of the following statements is correct regarding moving averages?
A) The 50-day moving average reflects the long-term trend of the market.
B) An exponential moving average is a weighted average.
C) Moving averages are used primarily to measure trading volume.
D) Short-term and long-term moving averages always move in the same direction.
E) Moving averages are generally computed using average daily prices.
Correct Answer:
Verified
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