Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
HSBC MSCI EM FAR EAST UCITS ETF (EUR) (GIF:HMFDEU)
Sidelines Mode (+55) - HMFDEU 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 HMFDEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for HMFDEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HMFDEU
The long-term trend has been UP since Jun 19th, 2020 at 42.307
The intermediate-term trend has been UP since Apr 1st, 2021 at 55.284
The short-term trend has been DOWN since Apr 7th, 2021 at 54.956
Smart Scan Analysis for HMFDEU
Based on our trend formula, HMFDEU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).