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Downtrend means the price movement on a pair is falling counter currency is gaining while base is loosing |
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What Does Downtrend Mean? Source(s): http://www.investopedia.com/terms/d/downtrend.asp
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When the trend is in the downward movement ie., for example prices are continuing to move downwards it is called downtrend. |
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Downtrend means that the overall shift or direction is down. Price makes consecutive lower lows and lower highs, resulting in a price decline which trends lower. |
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A downtrend is a succesive movement of market in a series of lower high and lower low. |
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Describes the price movement of a financial asset when the overall direction is downward. A formal downtrend occurs when each successive peak and trough is lower than the ones found earlier in the trend. Source(s): investopedia.com |
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