The trending market is the second major market regime. Markets either trend upward (think bonds since the 1980s, which may have been the longest bull market in history) or downward (think stocks since the 1990s, which may have been the longest bear market in history) (think equities during the 2008 crash). Traders of currencies are no different, and the majority of them are seeking to profit by riding the trend.

The trend is literally everything and it is what traders look out for. Whether it is bullish or bearish, it is what you will need to consider when evaluating the market and trading decisions are based on what is going on in terms of the current trend, and what one predicts will happen.