Weekly charts show a succession of data points, every one of which is made up of the price movement over the course of a single trading week. Each candle, bar, or point on a line on a weekly chart indicates the price summary for a specific trading week. A weekly chart displays the high, low, open, and close for the whole week but not the day-by-day trading moves inside that week. The most popular forms of charts used by traders and investors are candlestick charts and bar charts. The weekly chart is generally used for long-term trading.
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