Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Morningstar Korea Index PR KRW (CME:MSKRKRWP)
Bear Market Rally (-75) - MSKRKRWP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSKRKRWP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSKRKRWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSKRKRWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSKRKRWP
The long-term trend has been DOWN since Aug 17th, 2021 at 12518.48
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 12478.80
The short-term trend has been UP since Oct 13th, 2021 at 11850.48
Smart Scan Analysis for MSKRKRWP
Based on our trend formula, MSKRKRWP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).