Rising trend ?? | Forex Factory

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Rising trend ??

  • #1
  • First Post: Jul 2, 2007 10:43am Jul 2, 2007 10:43am
Anyone can help me to describe what's actually the meaning of "A rising trend has a positive effect on the nation's currency." For example EUR/USD calender, USD - ISM Manufacturing Index. Which currency should be rise? EUR or USD. Sorry, I'm very new in Forex and still confuse some word here. Thanks in advance.
  • #2
  • Last Post: Jul 2, 2007 12:02pm Jul 2, 2007 12:02pm
It means if the number is larger the countrys currency should increase.
Which ever country is listed it the one that the number will have the primary effect on.

In that case it would be the USD that should gain if the number is bigger.
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