Because identifying basic market characteristics lays the groundwork for developing a sound trading plan, determining a market’s tendency to trend should be one of the first steps a trader takes in deciding which assets to trade.

An endlessly repeated claim about the forex market is that currencies tend to trend more, or "better," than other markets. The roots of this assertion go back to the 1970s and 1980s when currency futures trading enjoyed their first heyday and many currencies did, in fact, embark on significant trends. But is this really the case today?