Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Morningstar Egypt Index PR USD (CME:MSEGUSDP)
Weak Downtrend (-65) - MSEGUSDP is showing signs of a strengthening downtrend. Monitor MSEGUSDP as it may be building momentum to the downside.
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 Feb 3rd, 2021 at 6980.69
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 6832.58
The short-term trend has been DOWN since Mar 2nd, 2021 at 6841.42
Smart Scan Analysis for MSEGUSDP
Based on our trend formula, MSEGUSDP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).