#TrendTradingStrategy

Moving averages are an important analytical tool that provides traders with an overview of what is happening on the charts by calculating the average closing prices of the Sui currency over a given period of time. The relationship between short-term and long-term moving averages is crucial for determining the trend. When the short-term moving average exceeds the long-term moving average, it indicates that the trend is gradually shifting towards a bullish direction.

In the timeframe of a weekly candle, Sui is in a neutral trend where the conditions for an upward or downward movement are not met based on the relationship between the MA 50-x and the MA 200-x with the price.

On the other hand, the trend is neutral if the 50-day moving average exceeds the 200-day moving average, but the price is trading below (and vice versa).