A trend is the overall course of a market or an asset’s price. In technical analysis, trends are recognized by trend lines or price action that show when the price is making higher swing highs and higher swing lows for an uptrend or lower swing lows and lower swing highs for a downtrend.
As previously said, there are four main elements that influence trends: supply and demand, international trade, speculation, and government. These topics are interconnected because current decisions are influenced by anticipated future circumstances, and current trends are influenced by current decisions.