Index Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
ABF Singapore Bond Index Fund (GIF:ABFB)
Weak Downtrend (-65) - ABFB is showing signs of a strengthening downtrend. Monitor ABFB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ABFB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABFB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABFB
The long-term trend has been UP since Feb 27th, 2020 at 1.1939
The intermediate-term trend has been DOWN since Jun 2nd, 2020 at 1.2440
The short-term trend has been DOWN since Jul 1st, 2020 at 1.2430
Smart Scan Analysis for ABFB
Based on our trend formula, ABFB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).