Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Morningstar Portugal Index PR USD (CME:MSPTUSDP)
Sidelines Mode (-55) - MSPTUSDP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MSPTUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSPTUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSPTUSDP
The long-term trend has been UP since Sep 1st, 2021 at 597.10
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 590.89
The short-term trend has been UP since Nov 25th, 2021 at 577.26
Smart Scan Analysis for MSPTUSDP
Based on our trend formula, MSPTUSDP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).