Index Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
iShares LEHMAN BROS GOVT/CREDIT BOND IND VALUE (PACF:GBF.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBF.IV
The long term trend has been DOWN since Dec 20th, 2017 at 113.5679
The intermediate term trend has been DOWN since Dec 1st, 2017 at 113.6456
The short term trend has been DOWN since Mar 19th, 2018 at 110.8938
Smart Scan Analysis for GBF.IV
Based on a pre-defined weighted trend formula for chart analysis, GBF.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||115.5698||52wk High Date||2017-09-07|
|52wk Low||110.5675||52wk Low Date||2018-03-09|