Index Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
Morningstar Portugal Index PR USD (CME:MSPTUSDP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
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 MSPTUSDP
The long term trend has been DOWN since May 31st, 2019 at 492.91
The intermediate term trend has been UP since Jun 7th, 2019 at 509.10
The short term trend has been UP since Jul 19th, 2019 at 520.92
Smart Scan Analysis for MSPTUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSPTUSDP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).