#PriceTrendAnalysis

Trend analysis is a technique used in technical analysis that attempts to predict future price movements of a stock based on recently observed trend data. Trend analysis uses historical data, such as price movements and trading volume, to forecast the long-term direction of market sentiment.

Key Takeaways$BTC

Trend analysis attempts to predict a trend, such as a bull market, and then follow that trend until the data shows a reversal in the trend, such as a bull market turning bearish.

Trend analysis is based on the idea that past events give traders an idea of what will happen in the future.

Trend analysis focuses on three typical time horizons: short-term, medium-term, and long-term.$BNB