Index Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
HSBC MSCI SOUTH AFRICA UCITS ETF (USD) (GIF:HZADUS)
Strong Uptrend (+100) - HZADUS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HZADUS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HZADUS?
MarketClub looks at technical strength and momentum to determine if the timing is right for HZADUS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HZADUS
The long-term trend has been UP since Jul 6th, 2020 at 37.876
The intermediate-term trend has been UP since Apr 14th, 2020 at 30.860
The short-term trend has been UP since Jul 1st, 2020 at 36.472
Smart Scan Analysis for HZADUS
Based on our trend formula, HZADUS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).