Mutual Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
FT 6958: SENIOR LOAN & LTD DURATION CLOSED-END PORTFOLIO SERIES 7 (NASDAQ:FOHYEX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FOHYEX
The long term trend has been DOWN since Oct 13th, 2017 at 9.7589
The intermediate term trend has been UP since Mar 6th, 2018 at 9.1715
The short term trend has been UP since Mar 14th, 2018 at 9.1563
Smart Scan Analysis for FOHYEX
Based on a pre-defined weighted trend formula for chart analysis, FOHYEX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.78||52wk High Date||2017-10-11|
|52wk Low||9.05||52wk Low Date||2018-02-09|
|Year End Close||9.4125||Payment Date||2018-03-25|