Important time frame to watch and analyse Trend

Important time frame to watch and analyse Trend

The search for a trend, like as a bull market run, and riding it until data suggests a trend reversal, such as a bull-to-bear market, is the aim of trend analysis. Since it is in the best interests of investors to follow trends rather than defy them, trend research is helpful. It is predicated on the notion that historical data provides traders with an indication of future developments. The three primary categories of trends are intermediate-, long-, and short-term. The basic idea of trend analysis is the notion that past trends may provide traders with predictions about future events.