Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Morningstar Australia Index PR AUD (CME:MSAUAUDP)
Countertrend Up (+85) - MSAUAUDP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Aug 19th, 2020 at 2832.59
The intermediate-term trend has been UP since Oct 6th, 2020 at 2754.87
The short-term trend has been DOWN since Nov 27th, 2020 at 3026.89
Smart Scan Analysis for MSAUAUDP
Based on our trend formula, MSAUAUDP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).