What is a downtrend in trading?
A Downtrend is a gradual decrease in the value or price of a financial instrument, for example, a stock or a commodity. A downward trendline acts as resistance and signals more supply than demand for a security, even if its price drops.
A Downtrend is a gradual decrease in the value or price of a financial instrument, for example, a stock or a commodity. A downward trendline acts as resistance and signals more supply than demand for a security, even if its price drops.