Index Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Morningstar Poland Index PR USD (CME:MSPLUSDP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MSPLUSDP
The long term trend has been UP since Nov 4th, 2019 at 1237.58
The intermediate term trend has been DOWN since Nov 20th, 2019 at 1191.41
The short term trend has been UP since Dec 12th, 2019 at 1149.64
Smart Scan Analysis for MSPLUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSPLUSDP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).