#PriceTrendAnalysis

Price trend analysis is a fundamental aspect of technical analysis, focusing on the direction and momentum of asset prices over time. By examining historical price data, traders and investors aim to forecast future movements, identify potential trading opportunities, and make informed decisions.

Understanding Price Trends

A price trend represents the general direction in which an asset's price is moving. Trends are categorized into three primary types:

Uptrend: Characterized by higher highs and higher lows, indicating a bullish market sentiment.

Downtrend: Defined by lower highs and lower lows, reflecting a bearish market sentiment.

Sideways (Horizontal) Trend: Occurs when prices move within a horizontal range, showing no clear upward or downward trajectory.