Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Morningstar Mexico Index PR USD (CME:MSMXUSDP)
Crossroads (+60) - MSMXUSDP 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 MSMXUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSMXUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSMXUSDP
The long-term trend has been DOWN since Feb 27th, 2020 at 4361.88
The intermediate-term trend has been UP since Apr 29th, 2020 at 3005.98
The short-term trend has been UP since Jun 1st, 2020 at 3338.17
Smart Scan Analysis for MSMXUSDP
Based on our trend formula, MSMXUSDP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).