EUR/PHP - Euro / Peso Filippino Media Mobile Ponderata (WMA)
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Weighted moving averages (WMA) reduce the lag by depending more on recent prices. The weighting applied to the most recent price depends on the number of periods in the moving average (5, 10, 20, 50, 100, 200 etc.). The WMA calculation is done by several different steps. There are other popular moving average calculating - simple moving average (SMA) and exponential moving average (EMA). This page presents weighted moving average for EUR/PHP. Using this indicator will assist you in trading the EUR/PHP pair.
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