Object Finance Analysis Forex

The trend is the direction in which the market prices. Looking at market behavior, we see how the prices will not have a linear behavior, but rather show high and low, with successive maxims and minims that are known as peaks and ridges, respectively. The direction in which these peaks and ridges occur is what determines the trend.

So if we look we can conclude that value is in bullish, bearish or sideways.

* Trend Bullish: Succession of peaks and ridges increasingly higher
* Bearish Trend: A series of peaks and ridges ever lower
* Trend Side: When the series of peaks and ridges that develop along a horizontal line

The trends are classified into three types according to their duration, although this classification is subjective to each investor, principal or primary trend, covering periods exceeding one year secondary trend, ranging from three weeks to several months, and minor trends or short-term, lasting from one day to several weeks.

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