Mutual Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
FT 7374: TACTICAL INCOME OPPORTUNITY PORTFOLIO SERIES 5 (NASDAQ:FORNEX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 FORNEX
The long term trend has been DOWN since Jun 25th, 2018 at 9.8010
The intermediate term trend has been UP since Jul 10th, 2018 at 9.8704
The short term trend has been DOWN since Jul 27th, 2018 at 9.8403
Smart Scan Analysis for FORNEX
Based on a pre-defined weighted trend formula for chart analysis, FORNEX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.93||52wk High Date||2018-06-12|
|52wk Low||9.72||52wk Low Date||2018-07-02|
|Year End Close||9.865||Payment Date||2018-08-25|