Index Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
Morningstar Thailand Index PR USD (CME:MSTHUSDP)
Bear Market Rally (-75) - MSTHUSDP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MSTHUSDP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MSTHUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSTHUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSTHUSDP
The long-term trend has been DOWN since May 6th, 2022 at 6148.83
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 6397.73
The short-term trend has been UP since May 17th, 2022 at 6039.83
Smart Scan Analysis for MSTHUSDP
Based on our trend formula, MSTHUSDP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).