Index Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
MSCI United Kingdom Index Fund (GIF:EWU)
Crossroads (+60) - EWU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EWU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWU
The long-term trend has been DOWN since Feb 24th, 2020 at 32.126
The intermediate-term trend has been UP since May 26th, 2020 at 25.525
The short-term trend has been UP since Aug 5th, 2020 at 26.685
Smart Scan Analysis for EWU
Based on our trend formula, EWU is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).