Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
Morningstar Egypt Index PR USD (CME:MSEGUSDP)
Strong Downtrend (-100) - MSEGUSDP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jan 6th, 2020 at 8005.35
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 8570.65
The short-term trend has been DOWN since Feb 24th, 2020 at 8594.97
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).