The chartist works out and studies the economic fundamentals of a currency and performs an in-depth technical analysis of the Forex and it trends to predict and project Forex signals.  Since the chartist makes a technical study of the market, another name for the chartist stays to be a “technical analyst.”

The chartist plays a major role in projecting the current and future market trend of a currency pair based on the historical trends of a currency pair.  This is done because an extensive trend study has repeatedly proven that the trends will repeat it-self like they did in the past most of the time.

The chartist declares Forex signals relating to the price movements of the securities by performing such an extensive study.