When watching the price of a currency to an earlier period, what is the information you're looking for?
You care to know the following information for each prior period:
Opening price Open price
Close price closing price
Highest price High price
Lowest price Low price
Fmalmqsod so?
Suppose you're watching the currency rate on a per-hour basis
The information that may be obtained are:
How much the price of the currency at the beginning of this time is the opening price.
How much the price of the currency at the end of this time the closing price.
How highest price reached currency during this time, the highest price.
How low currency reached during this time, the lowest price.
Suppose you are watching the currency rate on a daily basis
The information that may be obtained are:
How much the price of the currency at the beginning of this day, the opening price
How much the price of the currency at the end of the day which is the closing price
How high currency reached during the day, the highest price
How low currency reached during this day, the lowest price
Thus, for any other period of time .. If:
Opening price Open price
Is the exchange rate at the beginning of the selected time period.
Close price closing price
Is the exchange rate at the end of the period selected.
Highest price High price
Is the highest price of the currency during the selected time period.
Lowest price Low price
Is the lowest price of the currency during the selected time period.
Remember that the above information may be obtained graphs makes knowledge of the issue is very clear and easy and you will learn now how to express movement in the exchange rate by using graphs which makes you understand the topic more clearly.
You care to know the following information for each prior period:
Opening price Open price
Close price closing price
Highest price High price
Lowest price Low price
Fmalmqsod so?
Suppose you're watching the currency rate on a per-hour basis
The information that may be obtained are:
How much the price of the currency at the beginning of this time is the opening price.
How much the price of the currency at the end of this time the closing price.
How highest price reached currency during this time, the highest price.
How low currency reached during this time, the lowest price.
Suppose you are watching the currency rate on a daily basis
The information that may be obtained are:
How much the price of the currency at the beginning of this day, the opening price
How much the price of the currency at the end of the day which is the closing price
How high currency reached during the day, the highest price
How low currency reached during this day, the lowest price
Thus, for any other period of time .. If:
Opening price Open price
Is the exchange rate at the beginning of the selected time period.
Close price closing price
Is the exchange rate at the end of the period selected.
Highest price High price
Is the highest price of the currency during the selected time period.
Lowest price Low price
Is the lowest price of the currency during the selected time period.
Remember that the above information may be obtained graphs makes knowledge of the issue is very clear and easy and you will learn now how to express movement in the exchange rate by using graphs which makes you understand the topic more clearly.
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