Tool launched to identify market trends

timetotrade has launched a new tool to instantly alert investors to breaking market trends.

The new tool will track the movements of shares, foreign exchange pairs, indices and ETFs and give alerts when prices break out above or below a defined trend line. Using history as a guide, timetotrade says whether it is stocks or forex, commodities or indices, financial markets are ruled by trendlines. "Whether you are looking to buy into rising uptrends, or to sell short the market to the downside, trend lines give important visual clues about the direction price is moving," timetotrade managing director Dary McGovern says. "Ultimately, they keep you ahead of the curve and help ...