Index Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
Morningstar Asia ex-Japan Index PR USD (CME:MSAJUSDP)
Countertrend Down (-85) - MSAJUSDP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MSAJUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSAJUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSAJUSDP
The long-term trend has been DOWN since May 13th, 2021 at 5100.87
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 4395.66
The short-term trend has been UP since May 17th, 2022 at 4047.24
Smart Scan Analysis for MSAJUSDP
Based on our trend formula, MSAJUSDP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).