Index Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
ABF Singapore Bond Index Fund (GIF:ABFB)
Long-Term Downtrend (-90) - ABFB is in a strong downtrend that is likely to continue. While ABFB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 4th, 2021 at 1.2499
The intermediate-term trend has been DOWN since Jan 4th, 2021 at 1.2562
The short-term trend has been DOWN since Feb 16th, 2021 at 1.2155
Smart Scan Analysis for ABFB
Based on our trend formula, ABFB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).