Describes the price movement of a financial asset when the overall direction is downward. A formal downtrend occurs when each successive peak and trough is lower than the ones found earlier in the trend. Notice how each successive peak and trough is lower than the previous one.
In elementary geometry the word congruent is often used as follows. The word equal is often used in place of congruent for these objects. Two line segments are congruent if they have the same length. Two angles are congruent if they have the same measure. Two circles are congruent if they have the same diameter.
1 The mathematical term for identical shapes is congruent - in mathematics, identical means they are the same tile. 2  The tiles are usually required to be homeomorphic (topologically equivalent) to a closed disk, which means bizarre shapes with holes, dangling line segments or infinite areas are excluded.