The three types of market trends are:
- Short-term trends: These are temporary movements in the market that can last from a few days to several months. They are often influenced by current events, seasonal changes, or short-lived consumer behaviors.
- Intermediate trends: These trends span several months to a few years and are typically driven by broader economic cycles, technological advancements, or shifts in consumer preferences.
- Long-term trends: These are enduring changes in the market that can last for several years or even decades. They are usually shaped by significant societal shifts, demographic changes, or major technological innovations.