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Chart Types Used in Financial Analysis

 


When you think of financial analysis, the first thing that comes to mind for most people is Technical Analysis. However, apart from Technical Analysis, there are other types of analysis such as Fundamental Analysis and Price Action Analysis. If we look from the Technical Analysis window, the chart types we can use while doing Technical Analysis are: Bar, Candle, Hollow Candles, Heikin Ashi Candles, Area, Line, Renko, Kagi, Point & Figure, Range, Line Break and Baseline Charts.

Today, with the widespread use of the internet and the development of software technology, there are many computer programs and web-based economy websites that translate the price data flows in financial markets into graphics via live software programs. If we give an example of the most used ones globally, they are Investing.com and Tradingview.com. Both of these websites have a page area where you can see the price charts of various financial instruments live and do technical analysis on them. In this technical analysis page, there are menus with drawing tools on the left, and other menus on the top, such as timeframes, chart types, financial instrument selection box.

Here, from any of these two economics sites, you can open the chart page where you can do technical analysis and display the chart of a financial instrument you want, and you can choose your timeframe and chart type.





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