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Terms
Technical Indicator
MACD - Moving Average Convergence/Divergence
Zero Line Reversal
Zero Line Reversal
Abbreviation
ZLR
Parent term
MACD - Moving Average Convergence/Divergence
A ZLR forms when the MACD line and MACD Signal line reverse from at or near zero.
More about Zero Line Reversal
Notes
Can signal the end of a counter-trend move within a larger trending
market
Signal has stronger confidence when the
Stochastic
is overbought or oversold