Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
Morningstar China Index PR USD (CME:MSCNUSDP)
Bear Market Rally (-75) - MSCNUSDP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSCNUSDP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSCNUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSCNUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSCNUSDP
The long-term trend has been DOWN since May 10th, 2021 at 3580.98
The intermediate-term trend has been DOWN since Sep 5th, 2022 at 2176.64
The short-term trend has been UP since Oct 5th, 2022 at 1954.73
Smart Scan Analysis for MSCNUSDP
Based on our trend formula, MSCNUSDP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).