Index Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Morningstar Mexico Index PR USD (CME:MSMXUSDP)
Strong Uptrend (+100) - MSMXUSDP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MSMXUSDP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Oct 8th, 2020 at 3598.67
The intermediate-term trend has been UP since Mar 10th, 2021 at 4527.26
The short-term trend has been UP since May 6th, 2021 at 4869.47
Smart Scan Analysis for MSMXUSDP
Based on our trend formula, MSMXUSDP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).