Technical analysis · Glossary
Trend
The general direction of price over a period.
Definition and explanation
A trend is the general direction of price over a given timeframe, often described by the sequence of highs and lows. What reads as an uptrend on one timeframe may look like a pullback on another. Trend descriptions are retrospective and can change as new prices are added.
Example
A chart with a series of higher highs and higher lows is commonly described as showing an uptrend on that timeframe.
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