Mutual Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
THE FIRST TRUST COMBINED SERIES 435: TAX EXEMPT MUNI INCOME TRUST (NASDAQ:FAUROX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Jul 26th, 2018 at 1060.719971
The short term trend has been DOWN since Aug 22nd, 2018 at 1059.319936
Smart Scan Analysis for FAUROX
Based on a pre-defined weighted trend formula for chart analysis, FAUROX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1101.56||52wk High Date||2017-12-06|
|52wk Low||1050.66||52wk Low Date||2018-09-20|
|Year End Close||1082.16||Yield||4.03|