forecast

A guess about a future number, like tomorrow's weather, made before the real number is known.

The fuller meaning

A prediction of a future value. On the economic calendar it is the figure economists expect a report to show, and markets react to actual versus forecast. The lessons stress that a candle, a pattern or an AI's price call is not a forecast you can rely on.

forecast.

Related words

asset · broker · buyers · chart · day trader · entry · filter · historical data · instrument · investor