Trading Systems

Identifying the Forex Market Trend

Submitted by fxpros on Thu, 06/23/2022 - 08:28

Identifying the Market Trend & Identification Systems

The accurate recognition of a strong Forex market trend can lead to the accumulation of major trading profits. Forex currencies trend very well, in long directional moves. During these extended Forex trends, the likelihood of making profitable trades is significantly increased.

Distinguishing Market Trends

There are two main trend types: the (i) primary, and the (ii) secondary trends: