Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Morningstar Dev Asia Pac Index PR USD (CME:MSDIUSDP)
Long-Term Downtrend (-90) - MSDIUSDP is in a strong downtrend that is likely to continue. While MSDIUSDP 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 MSDIUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSDIUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSDIUSDP
The long-term trend has been DOWN since May 12th, 2021 at 2432.12
The intermediate-term trend has been DOWN since Jun 21st, 2021 at 2506.74
The short-term trend has been DOWN since Jun 16th, 2021 at 2539.97
Smart Scan Analysis for MSDIUSDP
Based on our trend formula, MSDIUSDP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).