Trend

Trend is the general direction or momentum of the market, price of an asset, economy or other measures. Trends are classified as secular if they last for 5 to 25 years. Trend is called primary when they last for a year or more and secondary if they last for a few weeks or few months within a primary trend. Trends are important in technical analysis to determine the future direction of prices.

For example, if the price of a security is going upwards with few losses within a specified time period then it is said to be in an upward trend.