Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Morningstar Turkey Index PR TRY (CME:MSTRTRYP)
Long-Term Uptrend (+90) - MSTRTRYP is in a strong uptrend that is likely to continue. While MSTRTRYP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MSTRTRYP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSTRTRYP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSTRTRYP
The long-term trend has been UP since Aug 12th, 2021 at 28663.41
The intermediate-term trend has been UP since Jul 25th, 2022 at 50199.92
The short-term trend has been UP since Aug 17th, 2022 at 57404.09
Smart Scan Analysis for MSTRTRYP
Based on our trend formula, MSTRTRYP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).