Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Morningstar Philippines Index PR PHP (CME:MSPHPHPP)
Long-Term Downtrend (-90) - MSPHPHPP is in a strong downtrend that is likely to continue. While MSPHPHPP 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 MSPHPHPP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSPHPHPP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSPHPHPP
The long-term trend has been DOWN since Jan 20th, 2020 at 5422.48
The intermediate-term trend has been DOWN since Jan 15th, 2020 at 5521.49
The short-term trend has been DOWN since Feb 24th, 2020 at 5277.19
Smart Scan Analysis for MSPHPHPP
Based on our trend formula, MSPHPHPP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).