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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Anton Luyten

Date Created: 26 Oct 2018
Category 28
Tag Financial
Question What is a 'Trend'?
Advice from Guru
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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