Mutual Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
GUGGENHEIM DEFINED PORTFOLIOS SERIES 1576 INCOME & TREASURY LTD D (NASDAQ:CFICYX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CFICYX
The long term trend has been DOWN since Aug 10th, 2017 at 9.6515
The intermediate term trend has been DOWN since Mar 19th, 2018 at 9.3170
The short term trend has been UP since Mar 26th, 2018 at 9.2730
Smart Scan Analysis for CFICYX
Based on a pre-defined weighted trend formula for chart analysis, CFICYX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.79||52wk High Date||2017-08-03|
|52wk Low||9.25||52wk Low Date||2018-05-15|
|Year End Close||9.5906|