Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Deutsche X-trackers MSCI Europe Hedged Equity ETF (GIF:DBEU)
Bear Market Rally (-75) - DBEU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DBEU as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DBEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBEU
The long-term trend has been DOWN since Feb 26th, 2020 at 29.934
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 27.142
The short-term trend has been DOWN since Oct 15th, 2020 at 27.945
Smart Scan Analysis for DBEU
Based on our trend formula, DBEU is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).