Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
VanEck Vectors ChinaAMC China Bond ETF (GIF:CBON)
Bull Market Weakness (+75) - CBON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CBON as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CBON?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CBON
The long-term trend has been DOWN since May 27th, 2020 at 21.842
The intermediate-term trend has been UP since Jun 18th, 2020 at 22.091
The short-term trend has been UP since Jul 31st, 2020 at 22.237
Smart Scan Analysis for CBON
Based on our trend formula, CBON is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).