Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Morningstar Russia Index PR USD (CME:MSRUUSDP)
Strong Downtrend (-100) - MSRUUSDP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSRUUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSRUUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSRUUSDP
The long-term trend has been DOWN since Nov 26th, 2021 at 21946.41
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 25032.62
The short-term trend has been DOWN since Nov 11th, 2021 at 25111.59
Smart Scan Analysis for MSRUUSDP
Based on our trend formula, MSRUUSDP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).