An economic term used in technical analysis to express market trends
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By a continuous series ofUpward trendComposition, each rising trend continues to cross the previous high point upward, and the downward trend mixed in the middle will not fall below the low point of the previous decline.In a word, the upward trend is composed of a series of price trends with both high and low points rising.
The principle behind the composition of the rising trend is mainly driven by funds. Only when supply is less than demand, prices will rise. The longer this relationship lasts, the greater the rising trend, the shorter it lasts, and the smaller the rise.
The main trend of the upward trend is formed. The market has fallen to the net value area for a long time, and the policy has been favorable. OTC investors have entered the market, and the market has gradually changed from a downward market to a horizontal market. At this time, more and more funds have entered the market, the trading volume has gradually expanded, and the price has gradually risen. As the market has fallen for a long time in the past, investors have always been bullish, resulting in supply being less than demand, and the price has continued to rise,Therefore, it is an upward trend.
