Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Morningstar Nordic Index PR EUR (CME:MSNCEURP)
Long-Term Downtrend (-90) - MSNCEURP is in a strong downtrend that is likely to continue. While MSNCEURP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSNCEURP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSNCEURP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSNCEURP
The long-term trend has been DOWN since Jan 21st, 2022 at 3867.36
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 4011.84
The short-term trend has been DOWN since Jan 6th, 2022 at 4237.26
Smart Scan Analysis for MSNCEURP
Based on our trend formula, MSNCEURP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).