Index Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
HSBC MSCI EM LATIN AMERICA UCITS ETF (EUR) (GIF:HMLDEU)
Weak Downtrend (-65) - HMLDEU is showing signs of a strengthening downtrend. Monitor HMLDEU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HMLDEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for HMLDEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HMLDEU
The long-term trend has been DOWN since Feb 25th, 2020 at 23.672
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 16.512
The short-term trend has been DOWN since Jul 10th, 2020 at 17.177
Smart Scan Analysis for HMLDEU
Based on our trend formula, HMLDEU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).