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Mutual Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

FRANKLIN MARYLAND TAX-FREE INCOME FUND CL C (NASDAQ:FMDIX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

NASDAQ_FMDIX
Open High Low FMDIX Price Change
10.83 10.83 10.83 10.83 +0.01
Entry Signal

MarketClub’s Trade Triangles for FMDIX

long term down The long term trend has been DOWN since Sep 11th, 2018 at 10.97

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2018 at 11.01

short term down The short term trend has been DOWN since Oct 1st, 2018 at 10.93

Smart Scan Analysis for FMDIX

Based on a pre-defined weighted trend formula for chart analysis, FMDIX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for FMDIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.83 10.83 10.83 10.83 +0.01
Prev. Close Volume Bid Ask Time
10.83 2018-10-23 00:00:00
52wk High11.2452wk High Date2017-11-08
52wk Low10.8152wk Low Date2018-10-10
Year End Close11.18Payment Date2018-09-28
Want to analyze FRANKLIN MARYLAND TAX-FREE INCOME FUND CL C FMDIX or another symbol? Try our Free Mutual Trend Analysis Report.