Username: LuckyWoman Rating: Asked to: Anton Luyten Date Created: 26 Oct 2018 |
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Category | 28 |
Tag | Financial |
Question | What is a 'Trend'? |
Hello LuckyWoman, The trend is the general direction of a market or of the price of a security. In technical analysis, trends are identified by trendlines that connect a series of highs or lows. Most traders trade in the same direction as a trend, while contrarians seek to identify reversals. Trends can also apply to interest rates, bond yields, and other markets where they're characterized by a long-term movement in price or volume. |
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