Forex market trend, Uptrend, Downtrend, Sideway trend

Basic Forex Market trends:

 There are three types of basic trends usually followed in the forex market which are as follows,

  • Uptrend or Bullish: When the market may be move up ward is called Uptrend or bullish market. In this trend market continuously move bullish and touch new high.
     
  • Down trend or Bearish: When the market may be move down ward is called downtrend or bearish market. In this trend market continuously move bearish and touch new low.
     
  • Sideways trend or Range: Market may be move around a particular rate cycle is called sideways or range market.