Posted in Marketing and Strategy Terms, Total Reads: 450

Definition: Trend

Trend in general is the direction in which something moves or inclination towards something. It is the current style or vogue.

In management, it is the trend which the market follows. Market generally move in particular direction for particular period of time based on the economic factors. This tendency of market is called trend. These trends can be classified into three types according to the time frames. When the time frame is long, the trend is called secular, when it is medium, it is called primary and when the time frame is short it is called secondary.

Traders identify market trends using data analytics which is a concept which shows price tendencies from past data. It analyzes support and resistance levels of the market trend and notify accordingly. The analysts take the previous data for the market prices, sales, supply, demand, percentage increase, decrease etc and predict for future.



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