Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Morningstar Egypt Index PR USD (CME:MSEGUSDP)
Strong Uptrend (+100) - MSEGUSDP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MSEGUSDP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MSEGUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSEGUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSEGUSDP
The long-term trend has been UP since Aug 11th, 2021 at 6558.43
The intermediate-term trend has been UP since Oct 13th, 2021 at 6670.20
The short-term trend has been UP since Oct 6th, 2021 at 6386.85
Smart Scan Analysis for MSEGUSDP
Based on our trend formula, MSEGUSDP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).