Categories
Trading Glossary

Downtrend

Downtrend is the overall move lower in the price that created by the lowers lows and lower high. The downtrend describe the price of the movement to the financial asset to the overall direction direction is downward. The downtrend is therefore composed of lower swing lows and lower swing highs.In a downtrend, each successive peak and trough is lower than the ones found earlier in the trend.