Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
HSBC MSCI TURKEY UCITS ETF (GBP) (GIF:HTRDGB)
Long-Term Downtrend (-90) - HTRDGB is in a strong downtrend that is likely to continue. While HTRDGB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HTRDGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HTRDGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HTRDGB
The long-term trend has been DOWN since Feb 27th, 2020 at 1.7621
The intermediate-term trend has been DOWN since Jul 28th, 2020 at 1.5650
The short-term trend has been DOWN since Sep 16th, 2020 at 1.3338
Smart Scan Analysis for HTRDGB
Based on our trend formula, HTRDGB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).