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Index Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
Morningstar Developed Markets ex-North America Target Momentum Index PR CAD (CME:MSDMCP)
Countertrend Up (+85) - MSDMCP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MSDMCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSDMCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MSDMCP
The long-term trend has been UP since Dec 1st, 2022 at 5520.55
The intermediate-term trend has been UP since Jan 13th, 2023 at 5559.54
The short-term trend has been DOWN since Jan 30th, 2023 at 5650.46
Smart Scan Analysis for MSDMCP
Based on our trend formula, MSDMCP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5677.92 | 5681.58 | 5648.52 | 5666.91 | -9.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5672.67 | 0 | 2023-01-30 20:29:19 |