Index Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
Morningstar Eurozone Index PR USD (CME:MSEZUSDP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Aug 14th, 2019 at 1300.41
The intermediate term trend has been UP since Sep 4th, 2019 at 1346.38
The short term trend has been DOWN since Sep 17th, 2019 at 1370.88
Smart Scan Analysis for MSEZUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSEZUSDP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).