By keeping these tips in mind, you can effectively use Excel’s TREND and FORECAST functions to analyze and predict data trends with greater accuracy.

Excel forecasting is a key skill for analysts, enabling precise predictions to guide strategic decisions. Key techniques include linear trend analysis, seasonality, and data visualization.

Microsoft Excel can generate trend lines based on data you provide, and in doing do, calculates the equation of the trend line. This equation can be accessed using Excel's built-in Visual Basic tools.