Index Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
JPM USD Emerging Markets Bond UCITS ETF - GBP (GIF:JPMBGB)
Sidelines Mode (-55) - JPMBGB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JPMBGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPMBGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPMBGB
The long-term trend has been DOWN since Mar 11th, 2020 at 78.136
The intermediate-term trend has been DOWN since Sep 28th, 2020 at 78.046
The short-term trend has been UP since Oct 7th, 2020 at 78.173
Smart Scan Analysis for JPMBGB
Based on our trend formula, JPMBGB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).