Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Morningstar Singapore Index PR SGD (CME:MSSGSGDP)
Long-Term Downtrend (-90) - MSSGSGDP is in a strong downtrend that is likely to continue. While MSSGSGDP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MSSGSGDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSSGSGDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSSGSGDP
The long-term trend has been DOWN since Jun 14th, 2022 at 3494.92
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 3717.64
The short-term trend has been DOWN since Jun 30th, 2022 at 3482.35
Smart Scan Analysis for MSSGSGDP
Based on our trend formula, MSSGSGDP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).