Pivot point in forex market
Forex Pivot Point Calculator Use our free Pivot Point Calculator to better understand the fluctuations of the currency market. Pivot point in forex market pivot point calculator is a simple too to use.
All you have to do is enter the opening, closing, high and low points from the previous business day and the pivot point calculator will calculate the pivot points. A pivot point is simply the point at which the current trend changes upward or downward. That is to say, if the trend had been rising, at the pivot point, the trend would now be descending. The benefit of the pivot point calculator should be obvious. Being able to see trends over time can help to more accurately predict future trends. In addition to the pivot point calculator it would serve you well to keep abreast of the latest news and world happenings to give you a fuller picture of the reasons behind the market fluctuations. While clearly this calculator cannot predict the future, having a detailed record of the past can help to predict future fluctuations.