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Forex trading indicators are essential tools that help traders analyze market trends and make informed decisions. These indicators use mathematical calculations based on price, volume, and time to predict currency movements. Popular types include moving averages, relative strength index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence). Indicators can identify trends, measure momentum, and highlight potential entry or exit points. While they provide valuable insights, relying on a single indicator is not recommended. Combining multip