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Index Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

HSBC MSCI BRAZIL UCITS ETF (EUR) (GIF:HMBREU)

Countertrend Up (+85) - HMBREU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HMBREU?

MarketClub looks at technical strength and momentum to determine if the timing is right for HMBREU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_HMBREU
Open High Low HMBREU Price Change
15.0906 15.4061 15.0844 15.3958 +0.2398
Entry Signal

MarketClub’s Trade Triangles for HMBREU

long term up The long-term trend has been UP since Dec 3rd, 2020 at 14.4781

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2021 at 15.5033

short term down The short-term trend has been DOWN since Jan 18th, 2021 at 15.3210

Smart Scan Analysis for HMBREU

Based on our trend formula, HMBREU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HMBREU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.0906 15.4061 15.0844 15.3958 +0.2398
Prev. Close Volume Bid Ask Time
11.5951 0 2021-01-20 08:12:07
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