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Mutual Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

FT 7374: TACTICAL INCOME OPPORTUNITY PORTFOLIO SERIES 5 (NASDAQ:FORNEX)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

NASDAQ_FORNEX
Open High Low FORNEX Price Change
8.9388 8.9388 8.9388 8.9388 +0.0140
Entry Signal

MarketClub’s Trade Triangles for FORNEX

long term down The long term trend has been DOWN since Sep 7th, 2018 at 9.7246

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 8.9186

short term up The short term trend has been UP since Nov 26th, 2018 at 8.8622

Smart Scan Analysis for FORNEX

Based on a pre-defined weighted trend formula for chart analysis, FORNEX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for FORNEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.9388 8.9388 8.9388 8.9388 +0.0140
Prev. Close Volume Bid Ask Time
8.9388 0 2018-12-07 00:00:00
52wk High9.9352wk High Date2018-06-12
52wk Low8.8552wk Low Date2018-11-20
Year End Close9.865Payment Date2018-11-25
Want to analyze FT 7374: TACTICAL INCOME OPPORTUNITY PORTFOLIO SERIES 5 FORNEX or another symbol? Try our Free Mutual Trend Analysis Report.