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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.

CME_MSNZNZDP
Open High Low MSNZNZDP Price Change
3671.58 3674.27 3668.89 3671.04 -12.42
Entry Signal

MarketClub’s Trade Triangles for MSNZNZDP

long term down The long-term trend has been DOWN since Nov 22nd, 2021 at 3686.41

intermediate term down The intermediate-term trend has been DOWN since Sep 14th, 2021 at 3819.66

short term down 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).

-90
Smart Scan Analysis for MSNZNZDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3671.58 3674.27 3668.89 3671.04 -12.42
Prev. Close Volume Bid Ask Time
3671.04 0 2021-11-26 17:52:46
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