Mutual Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
THE FIRST TRUST COMBINED SERIES 435: TAX EXEMPT MUNI INCOME TRUST (NASDAQ:FAUROX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FAUROX
The long term trend has been DOWN since Nov 21st, 2017 at 1093.800049
The intermediate term trend has been UP since May 29th, 2018 at 1060.719971
The short term trend has been UP since Jun 19th, 2018 at 1059.729980
Smart Scan Analysis for FAUROX
Based on a pre-defined weighted trend formula for chart analysis, FAUROX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1106.12||52wk High Date||2017-09-08|
|52wk Low||1054.38||52wk Low Date||2018-04-25|
|Year End Close||1082.160034||Yield||4.03|