Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Vanguard Australian Corporate Fixed Income ETF (GIF:VACF-AU)
Sidelines Mode (-55) - VACF-AU 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 VACF-AU?
MarketClub looks at technical strength and momentum to determine if the timing is right for VACF-AU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VACF-AU
The long-term trend has been DOWN since Feb 21st, 2021 at 53.588
The intermediate-term trend has been DOWN since Mar 31st, 2021 at 52.871
The short-term trend has been UP since Apr 21st, 2021 at 53.027
Smart Scan Analysis for VACF-AU
Based on our trend formula, VACF-AU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).