When is the Forex Market Called a Trend?

In carrying out forex trading activities, traders have the freedom to choose a trading style that suits their character. However, for beginners, the trading style generally used is the type commonly used by most traders, namely the trend follow strategy.

In the world of trading, a trend is a representation of market strength. Of course, you can't go against the market. If you are not friendly with the trend, that means you are expressing hostility to the market. Because it's impossible to fight the market, the only way is for you to follow where the market moves.

To get maximum results, you must be able to identify an ongoing trend.

Without a good understanding of trends, it is certain that you will experience difficulties in determining market entry positions.

Unfortunately, trends are volatile and dynamic, so from time to time trends will continue to change.

Trend itself has 3 movements, such as:

uptrend,

Downtrends, and

Sideways.

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