What are the most effective strategies for identifying trends in the forex market?

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ReggieFx

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There is a saying that trend is your friend so just tell me how to identify the market trend properly?
 
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Jessie

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The most effective strategies for identifying trends in the forex market include using moving averages to assess price direction, employing trendlines to highlight key support and resistance levels, and utilizing momentum indicators such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) to confirm trend strength and potential reversals.
 
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