Index Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Morningstar Colombia Index PR USD (CME:MSCOUSDP)
Bear Market Rally (-75) - MSCOUSDP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSCOUSDP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSCOUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSCOUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSCOUSDP
The long-term trend has been DOWN since Apr 26th, 2021 at 4795.86
The intermediate-term trend has been UP since Jun 9th, 2021 at 4815.66
The short-term trend has been DOWN since Jun 11th, 2021 at 4724.82
Smart Scan Analysis for MSCOUSDP
Based on our trend formula, MSCOUSDP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).