In conclusion, mastering the use of Excel’s TREND and FORECAST functions can significantly enhance your data analysis capabilities.

This uses linear data estimations. This helps forecast revenues or even production costs when scaling up. It uses the difference between two values to determine other values.

Use historical data to forecast trends to use in sales, budgets, marketing and more. Excel provides accessible tools to create a graph and display the linear equation.

Forecast in Excel is a useful feature that helps you create a forecast based on historical time-based series data analysis. It has some newly built capabilities.