Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Invesco US High Yield Fallen Angels UCITS ETF GBP (GIF:FAGBGB)
Strong Uptrend (+100) - FAGBGB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, FAGBGB 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 FAGBGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAGBGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FAGBGB
The long-term trend has been UP since Jul 22nd, 2020 at 24.113
The intermediate-term trend has been UP since Oct 12th, 2020 at 25.080
The short-term trend has been UP since Oct 23rd, 2020 at 25.131
Smart Scan Analysis for FAGBGB
Based on our trend formula, FAGBGB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).