The trend lines can have the following trends, EXCEPT:
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A. B. C. D.D
Trend lines are graphical representations of the direction and magnitude of a trend in a data set. They are commonly used in technical analysis to identify trends and to predict future price movements. The four types of trend lines are upward trend, downward trend, trend range, and round phase.
An upward trend line indicates that the price of a security is increasing over time. The line is drawn by connecting two or more low points in the price chart, with the line sloping upwards from left to right. An upward trend line can be used to identify buying opportunities, as it suggests that the price of the security is likely to continue to rise in the future.
A downward trend line indicates that the price of a security is decreasing over time. The line is drawn by connecting two or more high points in the price chart, with the line sloping downwards from left to right. A downward trend line can be used to identify selling opportunities, as it suggests that the price of the security is likely to continue to fall in the future.
A trend range is a sideways or flat trend, where the price of a security remains within a relatively narrow range over an extended period. In a trend range, the price of the security moves up and down between a support level and a resistance level, without breaking out of that range. A trend range can be used to identify trading opportunities, as traders can buy at the support level and sell at the resistance level.
A round phase is not a type of trend line. It refers to a period of time when a security's price moves in a circular or cyclical pattern, with no discernible trend in either direction. In a round phase, the price of the security may move up and down within a range, but there is no clear upward or downward trend.
Therefore, the correct answer to the question is D. Round phase.