Long-Term Trend

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Long-Term Trend

Any price movement that occurs over a significant period of time, often over one year or several years. Long-term trends are difficult to predict and they are often interrupted by brief movements against the trend. For example, the dot-com bubble of the 1990s resulted in consistently high growth on the NASDAQ average, but this did not mean that NASDAQ rose every single day or even every week. See also: Secular market.
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References in periodicals archive ?
Prices were still seven per cent below long term trends and were making a "sustained recovery" from recession.