Trends are closely related to the technical analysis of support & resistance and can be demonstrated in a variety of ways. A trend can be upward or downward. Sideways trends are known as a trading range (TR). When a trading range follows an upward or downward direction, it is frequently referred to as a price channel. Trend Figure 1 and Trend Figure 2 graphically display some trends of different sorts.
Trend Figure 1
Trend Figure 2