Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
Morningstar Malaysia Index PR USD (CME:MSMYUSDP)
Strong Downtrend (-100) - MSMYUSDP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSMYUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSMYUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSMYUSDP
The long-term trend has been DOWN since Mar 23rd, 2021 at 3596.94
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 3441.76
The short-term trend has been DOWN since Sep 8th, 2021 at 3520.83
Smart Scan Analysis for MSMYUSDP
Based on our trend formula, MSMYUSDP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).