Mutual Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
FT 4852: CORPORATE HIGH INCOME PORTFOLIO SERIES 10 (NASDAQ:FGWFRX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 FGWFRX
The long term trend has been UP since Oct 1st, 2018 at 966.609984
The intermediate term trend has been DOWN since Oct 9th, 2018 at 964.520000
The short term trend has been DOWN since Oct 9th, 2018 at 964.520000
Smart Scan Analysis for FGWFRX
Based on a pre-defined weighted trend formula for chart analysis, FGWFRX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1009.36||52wk High Date||2017-10-31|
|52wk Low||961.85||52wk Low Date||2018-05-15|
|Year End Close||997.150016||Yield||4.79|