MACD is a trend indicator and oscillator: a type of indicator that helps determine the direction of a trend, find price reversal points and trade on a sideways trend. MACD stands for "moving average convergence / divergence". The MACD indicator consists of two indicators - the MACD line and the MACD histogram. The MACD line is more associated with a trend indicator, whereas the MACD histogram can be considered an oscillator.
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