Index Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
Morningstar Italy Index PR EUR (CME:MSITEURP)
Crossroads (+60) - MSITEURP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MSITEURP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSITEURP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSITEURP
The long-term trend has been DOWN since Feb 22nd, 2022 at 999.50
The intermediate-term trend has been UP since May 20th, 2022 at 959.72
The short-term trend has been UP since May 13th, 2022 at 934.95
Smart Scan Analysis for MSITEURP
Based on our trend formula, MSITEURP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).