Mutual Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
NEW YORK INTERMEDIATE-TERM TAX FREE INCOME FUND CL C (NASDAQ:FKNCX)
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 FKNCX
The long term trend has been DOWN since Nov 1st, 2017 at 11.66
The intermediate term trend has been DOWN since Jan 23rd, 2018 at 11.54
The short term trend has been UP since Mar 28th, 2018 at 11.37
Smart Scan Analysis for FKNCX
Based on a pre-defined weighted trend formula for chart analysis, FKNCX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.75||52wk High Date||2017-06-06|
|52wk Low||11.33||52wk Low Date||2018-04-23|
|Year End Close||11.59||Payment Date||2018-03-29|