Index Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
Morningstar Eurozone Index PR USD (CME:MSEZUSDP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MSEZUSDP
The long term trend has been UP since Jan 30th, 2019 at 1320.09
The intermediate term trend has been DOWN since Jul 18th, 2019 at 1385.61
The short term trend has been DOWN since Jul 17th, 2019 at 1396.50
Smart Scan Analysis for MSEZUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSEZUSDP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).