Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Morningstar Indonesia Index PR USD (CME:MSIDUSDP)
Countertrend Up (+85) - MSIDUSDP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MSIDUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSIDUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSIDUSDP
The long-term trend has been UP since Oct 4th, 2021 at 12025.33
The intermediate-term trend has been UP since Jul 22nd, 2021 at 11341.09
The short-term trend has been DOWN since Oct 21st, 2021 at 13001.60
Smart Scan Analysis for MSIDUSDP
Based on our trend formula, MSIDUSDP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).