Index Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
HSBC MSCI CHINA UCITS ETF (EUR) (GIF:HMCDEU)
Strong Uptrend (+100) - HMCDEU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HMCDEU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HMCDEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for HMCDEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HMCDEU
The long-term trend has been UP since Jun 16th, 2020 at 7.7448
The intermediate-term trend has been UP since Dec 31st, 2020 at 8.8688
The short-term trend has been UP since Dec 30th, 2020 at 8.6280
Smart Scan Analysis for HMCDEU
Based on our trend formula, HMCDEU is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).