You can feel both. For me static fields are a very strange feeling which is not very comfortable. Having only one small magnet (the second generation ones from Steve Haworth) I have to concentrate to feel a low static magnetic field.
Changing ones are more obvious and way more comfy. I think this is because a static one pulls or pushes the magnet all the time while changing ones let the magnet "vibrate" (from pulling and pushing all the time).