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term (secular) trend is one that lasts for 5 years or longer. An intermediate (primary) trend is one that lasts for 1 year or longer. A shortterm (secondary) trend is one that lasts for a few weeks to a few months.

A forex chart is a price chart showing the historical price and volume data on one or more currency pairs. A forex chart, thus, graphically depicts the historical behavior of a currency across various time frames, along with technical patterns & indicators and overlays.

A trend is a tendency for prices to move in a particular direction over a period. Trends can be long term, short term, upward, downward and even sideways. Success with forex market investments is tied to the investor's ability to identify trends and position themselves for profitable entry and exit points.

The 10 most valuable currencies in the worldCanadian Dollar (CAD)U.S. Dollar (USD)Swiss Franc (CHF)European Euro (EUR)British Pound Sterling (GBP)Jordanian Dinar (JOD) (Mohammed Talatene/AP Images)Omani Rial (OMR) (Alexander Farnsworth/AP Images)Kuwaiti Dinar (KWD) (AP Photo/Greg Gibson)More items...?

A forex chart graphically depicts the historical behavior, across varying time frames, of the relative price movement between currency pairs. Technical analysts and day traders will look at such charts in order to identify trends and various patterns that can signal reversals, continuations, entry points, and exits.

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When the high price of a currency pair is above the high on the previous day, it creates a "higher high." When the price of a currency pair is lower than the previous day's low, it creates a "lower low." Higher highs of a currency pair combined with higher lows of a currency pair also demonstrate a Forex trend.