## Forex MACD ZM Trend Indicator

The Forex MACD ZM Trend Indicator is an excellent technical indicator for short-term and medium-term trading (scalping, day trading). Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that … Read more