Index Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
Morningstar Dev Europe Index PR EUR (CME:MSDVEURP)
Sidelines Mode (+55) - MSDVEURP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MSDVEURP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSDVEURP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSDVEURP
The long-term trend has been UP since Nov 9th, 2020 at 1378.00
The intermediate-term trend has been UP since May 25th, 2021 at 1652.53
The short-term trend has been DOWN since Jun 17th, 2021 at 1693.87
Smart Scan Analysis for MSDVEURP
Based on our trend formula, MSDVEURP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).