Sentences with phrase «overall downtrend»
The phrase "overall downtrend" means that there is a general decrease or decline in something over a period of time. Full definition
The virtual currency has been in an overall downtrend since Thursday, falling from a high of almost $ 7,900 and breaking below $ 7,000 on Friday.
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The Silver Trust (SLV) ETF is in an overall downtrend; therefore, similar to other moving average strategies discussed, the most powerful signals are those that align with the trend direction.
In the next example, we see a clear example of a pin bar sell signal in - line with an overall downtrend in the NZDUSD.
More specifically, the overall downtrend has been rather evident for quite some time now, and it seems there is no real improvement in sight for the foreseeable future.
However, Schlaefer sounded a guarded note about the price spike, pointing out that it hadn't quite bucked the bitcoin price's overall downtrend.