What are the Different Types of Commodities Trends? Examples of the Two Commodities Trend Types
The two different types of commodity trends are upward commodity trend and downward trend.
Upward Commodities Trend
Upward commodity trend is a bullish commodity market movement where commodities prices generally close higher than where they opened.
An upward commodity trend can be identified by drawing an upwards commodity trend line on the commodities price chart.
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Downwards Commodity Trend
Downward commodity trend is a bearish commodity market movement where commodities prices will generally close lower than where they opened.
A downwards commodity trend can be identified by drawing a downward commodity trend line on the commodities price chart.
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