Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
Morningstar Australia Index PR AUD (CME:MSAUAUDP)
Bear Market Rally (-75) - MSAUAUDP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSAUAUDP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSAUAUDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSAUAUDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSAUAUDP
The long-term trend has been DOWN since Jun 9th, 2022 at 3229.87
The intermediate-term trend has been DOWN since Jun 9th, 2022 at 3281.94
The short-term trend has been UP since Jun 24th, 2022 at 3048.65
Smart Scan Analysis for MSAUAUDP
Based on our trend formula, MSAUAUDP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).