uptrend

[uhp-trend]

noun

1. a tendency upward or toward growth, especially in economic development.

Word History and Origins

Origin of uptrend¹

First recorded in 1940–45; up- + trend

Example Sentences

Major global currencies were steady early on Monday but seemed poised to extend last week's uptrend as the dollar nursed its losses after the Federal Reserve dialled down its hawkish rhetoric.

Read more on Reuters

"Looking beyond the current noise related to dovish Fed comments, nothing fundamentally has changed and we see no reason to believe the dollar’s uptrend has ended."

Read more on Reuters

"It appears that the U.S. labor market continues to fire on most cylinders and if that's confirmed by the official employment readings today, it could light another fire under Treasury yields and by extension help the dollar to resume its uptrend," said Marios Hadjikyriacos, senior investment analyst at forex broker XM.

Read more on Reuters

"I'm not sure this uptrend can sustain."

Read more on Reuters

If the uptrend for the dollar-yen rate is gradual, intervention isn't likely until "around 150 or a little bit above," he said.

Read more on Reuters