Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Morningstar Asia ex-Japan Index PR USD (CME:MSAJUSDP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MSAJUSDP
The long term trend has been DOWN since May 13th, 2019 at 3815.28
The intermediate term trend has been UP since Sep 4th, 2019 at 3662.48
The short term trend has been UP since Sep 20th, 2019 at 3773.50
Smart Scan Analysis for MSAJUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSAJUSDP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).