Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Morningstar Netherlands Index PR EUR (CME:MSNLEURP)
Sidelines Mode (-55) - MSNLEURP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MSNLEURP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSNLEURP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSNLEURP
The long-term trend has been DOWN since Jan 21st, 2022 at 2094.97
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1881.65
The short-term trend has been UP since May 26th, 2022 at 1763.06
Smart Scan Analysis for MSNLEURP
Based on our trend formula, MSNLEURP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).