The intervals of increase and decrease describe the in which the parabola goes up and those in which it goes down.
Let's see it in an illustration:

We must always observe the function from left to right.
An increasing interval is where the function's output (y-values) gets larger as we move from left to right along the x-axis, while a decreasing interval is where the y-values get smaller as x increases.
When we see a negative slope (this is how decrease looks) – the function is decreasing.
When we see a positive slope (this is how increase looks) – the function is increasing.
The parabola will change interval only at one point - at the vertex of the parabola, he highest or lowest point of the curve. Since parabolas have a characteristic U-shape (opening upward) or upside-down U-shape (opening downward), they change from decreasing to increasing (or vice versa) at exactly once at the vertex.