In the world of central bank stimulus, currently China, Japan and Europe have some form of stimulus going. Recently, Mario Draghi from the ECB said they would look at increasing the level of stimulus in their December policy meeting.
While most of the global markets have been trapped under their 200 DMA, this week a lot of the European charts broke above on this notion of more stimulus coming on board. As all currencies seem to be endlessly dropping to the US currency, investors choosing to work in European investments may need a hedged product to protect themselves against currency swings.
Below is an example of a European High-Quality ETF that is hedged to the Canadian Dollar. ZEQ.TO. I like it because the price action has pushed the SCTR back up above 75. I would be more interested if the relative strength (SPURS) shown in purple could break out of the downtrend.