Index Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Morningstar Asia ex-Japan Index PR USD (CME:MSAJUSDP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 UP since Nov 1st, 2019 at 3880.26
The intermediate term trend has been DOWN since Jan 27th, 2020 at 4089.39
The short term trend has been UP since Feb 4th, 2020 at 3969.39
Smart Scan Analysis for MSAJUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSAJUSDP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).