KIJUN-SEN
A part of the of the Ichimoku Kinko Hyo charting system that is used to measure medium-term momentum. It mirrors a market trend. To compute Kijun-Sen:
Kijun-Sen = (Highest High + Lowest Low) / 2
The formula used in creating Kijun-Sen is almost identical to the Tenkan-Sen formula except the number of time periods used in the calculation is added to gauge longer-term momentum. Prices higher than kijun-sen will increase while prices lower than the line will decrease.
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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07:00 | Leading Indicators | Jan | |
07:00 | Leading Indicators | Jan | |
13:00 | CBI retail sales volume balance | Mar | |
13:00 | CBI retail sales volume balance | Mar | |
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
16:00 | New Home Sales | Feb | |
16:00 | New Home Sales | Feb | |
01:30 | Westpac Consumer Sentiment | Mar |