The phrase "recent downtrend" means that something (e.g., a stock price, market activity, or data trend) has been decreasing or going down in the most recent period of time. Full definition
The company's ROIC declined over the past several years, but it seems to have reached an inflection point, especially as global remittances look to reverse their recent downtrend in 2017. (newconstructs.com)
In Stock Market Momentum, Michael James on Money says the recent downtrend in stock prices has many commentators saying that we are «in a correction.» (savewithspp.com)
Most of the coins have broken out of their recent downtrends, and with the lead of BTC, LTC, ETC, IOTA, EOS, Cardano, and Monero, a robust rally might be in the works, even as the broad declining trend is intact, and sharp sell - offs are still in the cards before a clear break - out in the case of most of the majors. (hacked.com)