Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
Morningstar China Index PR CNY (CME:MSCNCNYP)
Strong Downtrend (-100) - MSCNCNYP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSCNCNYP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSCNCNYP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSCNCNYP
The long-term trend has been DOWN since May 7th, 2021 at 2829.20
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 2361.63
The short-term trend has been DOWN since Sep 9th, 2021 at 2535.31
Smart Scan Analysis for MSCNCNYP
Based on our trend formula, MSCNCNYP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).