Index Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
Vanguard Tax-Exempt Bond ETF (GIF:VTEB)
Countertrend Up (+85) - VTEB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid VTEB?
MarketClub looks at technical strength and momentum to determine if the timing is right for VTEB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VTEB
The long-term trend has been UP since Jul 14th, 2020 at 54.304
The intermediate-term trend has been UP since Nov 5th, 2020 at 54.271
The short-term trend has been UP since Jan 19th, 2021 at 55.033
Smart Scan Analysis for VTEB
Based on our trend formula, VTEB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).