I'm not entirely clear on the different steps or approaches related to moving a wordpress site. Let me explain it to make sure I understand. Let me know if this is incorrect:
Goal: I have cloud hosting and need to move a WordPress site from one site to a new site with a new domain name. They are both on the same hosting account.
1. I move all the files from one folder to the new location with the new site.
2. Since it's on the same host/server, the database information will stay the same (?)
3. After I move it to a new folder (new site) on this host, I need to change it's Site URL settings (?)
Is this correct?