Index Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
Invesco Investment Grade Value ETF (GIF:IIGV)
Bear Market Rally (-75) - IIGV is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IIGV as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IIGV?
MarketClub looks at technical strength and momentum to determine if the timing is right for IIGV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IIGV
The long-term trend has been DOWN since Dec 23rd, 2020 at 28.030
The intermediate-term trend has been DOWN since Dec 22nd, 2020 at 28.432
The short-term trend has been UP since Jan 13th, 2021 at 28.003
Smart Scan Analysis for IIGV
Based on our trend formula, IIGV is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).