The 7-Day Volume Trend measures the percentage change in the 7-day average trading volume compared to the 7-day average volume from 7 days prior. This metric helps identify whether trading activity is increasing or decreasing over a weekly timeframe, providing insight into changing market interest and liquidity conditions. Positive values indicate growing volume trends, while negative values suggest declining trading activity.
This metric tracks volume trends for spot trades where USD or USD-related currencies serve as the quote, and can be viewed per exchange or aggregated across exchanges.
This is the Point-in-Time (PiT) variant of Spot Volume Trend (7D). PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.