Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
HSBC WORLDWIDE EQUITY UCITS ETF (USD) (GIF:HWWDUS)
Weak Downtrend (-65) - HWWDUS is showing signs of a strengthening downtrend. Monitor HWWDUS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HWWDUS?
MarketClub looks at technical strength and momentum to determine if the timing is right for HWWDUS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HWWDUS
The long-term trend has been UP since Jun 5th, 2020 at 19.441
The intermediate-term trend has been DOWN since Oct 28th, 2020 at 20.280
The short-term trend has been DOWN since Oct 15th, 2020 at 20.955
Smart Scan Analysis for HWWDUS
Based on our trend formula, HWWDUS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).