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Downtrend

a.k.a. Bearish trend

A market that keeps making lower highs and lower lows.
In plain English

A market that keeps making lower highs and lower lows.

A downtrend is a staircase going down. Each rally fails below the last high, and each drop digs below the last low.

Trend followers look to sell rallies in a downtrend rather than catch the bottom. It ends when that rhythm breaks, for example with a clear higher high. Opposite: uptrend.

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