Index Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
HSBC MSCI RUSSIA CAPPED UCITS ETF (GBP) (GIF:HRUDGB)
Sidelines Mode (+55) - HRUDGB 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 HRUDGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRUDGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HRUDGB
The long-term trend has been UP since Dec 2nd, 2020 at 8.2428
The intermediate-term trend has been UP since Nov 9th, 2020 at 7.4528
The short-term trend has been DOWN since Jan 15th, 2021 at 9.1210
Smart Scan Analysis for HRUDGB
Based on our trend formula, HRUDGB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).