Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Morningstar Hong Kong Index PR USD (CME:MSHKUSDP)
Sidelines Mode (+55) - MSHKUSDP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MSHKUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSHKUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSHKUSDP
The long-term trend has been DOWN since Jul 8th, 2021 at 4194.16
The intermediate-term trend has been UP since Jan 12th, 2022 at 3655.67
The short-term trend has been DOWN since Jan 18th, 2022 at 3685.49
Smart Scan Analysis for MSHKUSDP
Based on our trend formula, MSHKUSDP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).