Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Morningstar Sweden Index PR USD (CME:MSSEUSDP)
Sidelines Mode (-55) - MSSEUSDP 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 MSSEUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSSEUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSSEUSDP
The long-term trend has been DOWN since Oct 1st, 2021 at 4066.39
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 3483.03
The short-term trend has been UP since May 27th, 2022 at 3172.10
Smart Scan Analysis for MSSEUSDP
Based on our trend formula, MSSEUSDP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).