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Assessing UPTREND


What is an Uptrend?

It is also known as rising trend. An uptrend is a series of higher highs and higher lows. An uptrend line is an ascending line and can be drawn by connecting two or more low points having higher lows. Uptrend line acts as an support as long as the price remains above the trend line. Each low in an uptrend signals a probable buying point. More points in the trendline indicates more validity and strength of the trend.
Volume Like other technical indicators volume also plays a vital role in affirming the trend. In an uptrend the volume increases as the trendlines continues upside. A decrease in volume is signalling that the bulls trend is over and bears are winning. One may also pay attention to other technical indicators like MACD, RSI, etc, for confirmation and strength of the trend.

Now we have understood what Uptrend is. Now its time to look into other trends pattern and how they are interpreted in real time. Please follow these links to find about trend. We have explained them in details and provided you with ample real life examples of them.

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