Index Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Morningstar Asia Pacific Index PR USD (CME:MSACUSDP)
Strong Downtrend (-100) - MSACUSDP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSACUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSACUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSACUSDP
The long-term trend has been DOWN since May 12th, 2021 at 3053.26
The intermediate-term trend has been DOWN since May 5th, 2021 at 3105.53
The short-term trend has been DOWN since May 11th, 2021 at 3123.02
Smart Scan Analysis for MSACUSDP
Based on our trend formula, MSACUSDP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).