Understanding Elements and Characteristics of A Trend

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 10

Understanding

Elements and
Characteristics of a
Trend
WHAT IS A TREND?

 A general development or change in a situation


or in the way that people are behaving.

 To set a trend means to do something that


becomes accepted or fashionable, and that a lot
of other people copy.
EXAMPLES OF TRENDS:
 Facebook – is the most common social
network website where you can share
information about yourself and communicate
with other people.
EXAMPLES OF TRENDS:
 Twitter – it lets you see what is happening
around the world, from breaking news and
entertainment, sports and politics to big events
and every day interests.
Trendspotting
 Trendspotting is attempting to see the future in the present
(Rehn and Lindkvist, 2013). Being able to predict a trend is a
valued skill for the global citizen. Trendspotting is sometimes
called cool-hunting and trend analysis.
 Trend analysis is the widespread practice of collecting
information and attempting to spot a pattern, or trend, in the
information.
 Trend spotter is a person who notices and reports on new
fashions, ideas, or activities that are becoming popular.
What are the differences between patterns
and trends?
 The identification of patterns and trends are techniques used
by analysts studying the supply and demand of an asset
traded on an open market.
 A trend is the general direction of a price over a period of
time.
 A pattern is a set of data that follows a recognizable form,
which analysts then attempt to find in the current data.
 The three basic types of trends are up, down and
sideways. Trends may be discovered in the short,
medium and the long terms. Generally, investors
take positions in assets that will be profitable as
long as the current trend continues.

 Upward trends are characterized by an asset price


hitting a series of higher highs and lows, while
downward trends are marked by lower highs and
lows.
 A pattern is a series of data that repeats in a
recognizable way. It can be identified in the history
of the asset being evaluated or other assets with
similar characteristics. Patterns often include the
study of sale volume as well as price.

 Patterns can occur within a downward or upward


trend or as marking the beginning of a new trend.
There are bottoming, topping and continuation
patterns.
1. Kpop T
2. Jelly shoes F
3. Family planning T
4. K to 12 T
5. Yoyo F
6. Tablet T
7. Milk tea F
8. Diet T
9. Tiktok F
10. Smart watch T
11. Tala F
12. Bangs T
13. Spinner F
14. Harem pants F
15. Flip flops T

You might also like