Index Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
Morningstar Israel Index PR USD (CME:MSILUSDP)
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 MSILUSDP
The long term trend has been DOWN since May 29th, 2019 at 2266.97
The intermediate term trend has been UP since Jun 26th, 2019 at 2267.06
The short term trend has been UP since Jul 22nd, 2019 at 2297.69
Smart Scan Analysis for MSILUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSILUSDP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).