Trend strength refers to the strength of any given trend, be it stable, uplift or subsidence. This can be best visualised as the correlation coefficient between 0 being a random scattering of data on each date of measurement, to 1 being a perfectly straight line, such as an x=y relationship on a graph.
Can you define Trend Strength? Print
Modified on: Wed, 13 Jul, 2022 at 4:51 PM
Did you find it helpful? Yes No
Send feedbackSorry we couldn't be helpful. Help us improve this article with your feedback.