Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
HSBC MSCI TURKEY UCITS ETF (EUR) (GIF:HTRDEU)
Crossroads (-60) - HTRDEU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HTRDEU?
MarketClub looks at technical strength and momentum to determine if the timing is right for HTRDEU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HTRDEU
The long-term trend has been UP since Nov 12th, 2020 at 1.6509
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 1.7990
The short-term trend has been DOWN since Feb 16th, 2021 at 1.9429
Smart Scan Analysis for HTRDEU
Based on our trend formula, HTRDEU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).