Index Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
Vanguard Australian Shares Index ETF (GIF:VAS-AU)
Sidelines Mode (-55) - VAS-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 VAS-AU?
MarketClub looks at technical strength and momentum to determine if the timing is right for VAS-AU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VAS-AU
The long-term trend has been DOWN since Feb 27th, 2020 at 83.912
The intermediate-term trend has been DOWN since Jul 31st, 2020 at 74.896
The short-term trend has been UP since Aug 3rd, 2020 at 76.899
Smart Scan Analysis for VAS-AU
Based on our trend formula, VAS-AU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).