Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Morningstar New Zealand Index PR USD (CME:MSNZUSDP)
Crossroads (-60) - MSNZUSDP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MSNZUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSNZUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSNZUSDP
The long-term trend has been UP since Jun 8th, 2020 at 4384.29
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 4578.67
The short-term trend has been DOWN since Sep 17th, 2020 at 4639.63
Smart Scan Analysis for MSNZUSDP
Based on our trend formula, MSNZUSDP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).