The three most popular types of moving averages are the Simple Moving Average (SMA), Exponential Moving Average (EMA) and the Weighted Moving Average (WMA). All thee moving averages can be used to identify the direction of the trend and define potential support and resistance levels. The moving averages smooth price action and filter out the noise. They are also sub-elements of other technical analysis models. They are all lagging indicators.
Forex Trends Technical Analysis Risk stocks Simple Moving Average Exponential Moving Average Weighted Moving Average