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Robots Glossary

Trend

Trend - The general direction of market prices over a period. An uptrendĀ (bullish trend) is characterized by higher highs and higher lows, meaning price is generally rising. AĀ downtrendĀ (bearish trend) has lower highs and lower lows. Traders identify trends using chart patterns and indicators. For example, a series of green candlesticks on higher timeframes suggests an uptrend. (Trends can also be sideways/neutral.) Understanding trends helps robots decide on trade direction or strategy.