Mutual Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
FT 6345: STRATEGIC INCOME PLUS CLOSED-END PORTFOLIO SERIES 68 (NASDAQ:FNPMQX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 FNPMQX
The long term trend has been UP since Sep 28th, 2017 at 10.7354
The intermediate term trend has been UP since Jan 2nd, 2018 at 10.6006
The short term trend has been DOWN since Jan 16th, 2018 at 10.6723
Smart Scan Analysis for FNPMQX
Based on a pre-defined weighted trend formula for chart analysis, FNPMQX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.85||52wk High Date||2017-10-05|
|52wk Low||10.01||52wk Low Date||2017-03-09|
|Year End Close||10.6006||Payment Date||2018-01-25|