Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Morningstar New Zealand Index PR NZD (CME:MSNZNZDP)
Long-Term Downtrend (-90) - MSNZNZDP is in a strong downtrend that is likely to continue. While MSNZNZDP 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 MSNZNZDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSNZNZDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSNZNZDP
The long-term trend has been DOWN since Nov 22nd, 2021 at 3686.41
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 3819.66
The short-term trend has been DOWN since Nov 26th, 2021 at 3679.19
Smart Scan Analysis for MSNZNZDP
Based on our trend formula, MSNZNZDP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).