Index Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
iShares UBS Composite Bond Index Fund (GIF:IAF-AU)
Long-Term Downtrend (-90) - IAF-AU is in a strong downtrend that is likely to continue. While IAF-AU 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 IAF-AU?
MarketClub looks at technical strength and momentum to determine if the timing is right for IAF-AU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IAF-AU
The long-term trend has been DOWN since Mar 18th, 2020 at 113.58
The intermediate-term trend has been DOWN since Jul 5th, 2020 at 115.35
The short-term trend has been DOWN since Jun 30th, 2020 at 116.48
Smart Scan Analysis for IAF-AU
Based on our trend formula, IAF-AU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).