The trend is going down, but a retest on the WEEKLY trendline is happening now. It's also inside a STRONG resistance zone drawn out on the WEEKLY timeframe. However, the MO timeframe shows that the retest for the MO trendline can still be possible and this can be a perfect opportunity for price to break through the support one and WEEKLY trendline. I believe it will finish the downtrend before starting it's uptrend again to test the MO trendline, but we will see what can happen.