Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
Barclays Fortune 500 Index (GIF:BFD)
Strong Uptrend (+100) - BFD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BFD 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 BFD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BFD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BFD
The long-term trend has been UP since Jun 3rd, 2020 at 5261.65
The intermediate-term trend has been UP since Apr 6th, 2020 at 4432.97
The short-term trend has been UP since Jul 31st, 2020 at 5504.19
Smart Scan Analysis for BFD
Based on our trend formula, BFD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).