What are the Various Types of Trends? - Definition of Types of Trends in Forex

The 2 different types of trends are upwards trend and downward trend.

Upward Trend

Upward trend is a bullish market movement where prices in general close higher than where they opened.

An upward trend can be identified by drawing an upward trend line on the price chart.

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Downwards FX Trend

Downward trend is a bearish market movement where prices in general close lower than where they opened.

A downwards trend can be identified by drawing a downward trend line on the price chart.

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