Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
Vanguard Australian Government Bond Index ETF (GIF:VGB-AU)
Crossroads (-60) - VGB-AU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VGB-AU?
MarketClub looks at technical strength and momentum to determine if the timing is right for VGB-AU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VGB-AU
The long-term trend has been UP since Oct 16th, 2020 at 53.960
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 53.622
The short-term trend has been DOWN since Nov 23rd, 2020 at 53.665
Smart Scan Analysis for VGB-AU
Based on our trend formula, VGB-AU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).