According to investopedia,’The use of "bull" and "bear" describe markets comes from the way the animals attack their opponents. A bull thrusts its horns up into the air while a bear swipes its paws down. These actions are metaphors for the movement of a market. If the trend is up, it’s a bull market. If the trend is down, it’s a bear market.
whether the price will increase or decrease
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i have to predict the price of gold and i have only one variable in form of gold data of the past one month so please help to know that which kind of analysis will help me know about the trend that is going on in market, i am using SPSSv17 as the software for analysis
Trends don’t stay the same forever. They keep changing as the economic environment changes. By the time you’re done with the analysis, the latest trend may shift to a new position.
I suppose you can use Excel 2007 for regression analysis.
I’m not sure of what you’re asking but I suspect you wish to know what statistical numbers will point to market trends.
Most stock market investors will tell you that uptrends played out over a period of a few months will usually portend a somewhat reliable indicator. A day trader or short term swing trader will point to a logical and likely turn-around or trend reversal to the upside following a steep decline.
Len
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