Index Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
Morningstar Asia Index PR USD (CME:MSAAUSDP)
Bear Market Rally (-75) - MSAAUSDP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSAAUSDP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSAAUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSAAUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSAAUSDP
The long-term trend has been DOWN since May 12th, 2021 at 2978.49
The intermediate-term trend has been UP since May 31st, 2021 at 3074.92
The short-term trend has been DOWN since Jun 16th, 2021 at 3087.31
Smart Scan Analysis for MSAAUSDP
Based on our trend formula, MSAAUSDP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).