Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Morningstar Germany Index PR USD (CME:MSDEUSDP)
Long-Term Downtrend (-90) - MSDEUSDP is in a strong downtrend that is likely to continue. While MSDEUSDP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSDEUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSDEUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSDEUSDP
The long-term trend has been DOWN since Sep 20th, 2021 at 1769.67
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1340.89
The short-term trend has been DOWN since Jun 22nd, 2022 at 1266.37
Smart Scan Analysis for MSDEUSDP
Based on our trend formula, MSDEUSDP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).