Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Morningstar Canada Index PR CAD (CME:MSCACADP)
Bull Market Weakness (+75) - MSCACADP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MSCACADP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MSCACADP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSCACADP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSCACADP
The long-term trend has been DOWN since Feb 27th, 2020 at 2847.82
The intermediate-term trend has been UP since Apr 7th, 2020 at 2363.87
The short-term trend has been UP since May 19th, 2020 at 2540.17
Smart Scan Analysis for MSCACADP
Based on our trend formula, MSCACADP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).