Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
Morningstar Korea Index PR KRW (CME:MSKRKRWP)
Long-Term Uptrend (+90) - MSKRKRWP is in a strong uptrend that is likely to continue. While MSKRKRWP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 2nd, 2020 at 8522.45
The intermediate-term trend has been UP since Jun 8th, 2021 at 13048.32
The short-term trend has been UP since Jun 22nd, 2021 at 13137.92
Smart Scan Analysis for MSKRKRWP
Based on our trend formula, MSKRKRWP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).