Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Invesco National AMT-Free Municipal Bond ETF (GIF:PZA)
Weak Downtrend (-65) - PZA is showing signs of a strengthening downtrend. Monitor PZA as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PZA?
MarketClub looks at technical strength and momentum to determine if the timing is right for PZA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PZA
The long-term trend has been UP since Jul 7th, 2020 at 26.588
The intermediate-term trend has been DOWN since Aug 24th, 2020 at 26.929
The short-term trend has been DOWN since Oct 19th, 2020 at 26.500
Smart Scan Analysis for PZA
Based on our trend formula, PZA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).