Time frame, to avoid confusing, is the manageable monthly time frame. Anythings trending below a declining 1 year moving average shall be deemed in a down trend.

US Dollar => up trend

Gold => up trend

Silver => down trend

Copper => down trend

Oil => down trend

Stock Markets => down trend

Bonds => up trend

Inflation expectations => down trend

Am I missing something?  Maybe when daily, then weekly charts start flipping the script we can hope for possible trend changes