Momentum in Technical Analysis for Binary Options
Tracking momentum is sometimes known as Moving Average Convergence Divergence (MACD) and determines whether an asset’s momentum is rising or falling. It is used to track the daily changes in short-term and long-term averages.
If the short-term averages are larger, momentum is increasing, while larger long-term averages suggest a decreasing momentum. Slowing momentum indicates the rate of change will decrease and may eventually reverse.
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