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Uptrend/Downtrend
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| - | In [[Technical Analysis|technical analysis]] uptrends and [[Downtrend|downtrend]]s are defined as market trends that can be drawn on a price chart by joining a minimum of three points. | + | Where successive peaks/troughs are higher/lower than the preceding one. In [[Technical Analysis|technical analysis]] uptrends and [[Downtrend|downtrend]]s are defined as market trends that can join a minimum of three points with a straight line. |
Revision as of 20:04, 29 June 2009
Where successive peaks/troughs are higher/lower than the preceding one. In technical analysis uptrends and downtrends are defined as market trends that can join a minimum of three points with a straight line.