Index Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
Morningstar Taiwan Index PR USD (CME:MSTWUSDP)
Sidelines Mode (+55) - MSTWUSDP 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 MSTWUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MSTWUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MSTWUSDP
The long-term trend has been UP since Jul 15th, 2021 at 2485.70
The intermediate-term trend has been DOWN since Jul 20th, 2021 at 2434.54
The short-term trend has been UP since Jul 29th, 2021 at 2418.68
Smart Scan Analysis for MSTWUSDP
Based on our trend formula, MSTWUSDP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).