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Mutual Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

FT 6561: SENIOR LOAN & LTD DURATION OPPORTUNITIES CLOSED-END PORTF (NASDAQ:FREIDX)

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_FREIDX
Open High Low FREIDX Price Change
9.1421 9.1421 9.1421 9.1421 -0.0006
Entry Signal

MarketClub’s Trade Triangles for FREIDX

long term down The long term trend has been DOWN since Mar 8th, 2017 at 9.7337

intermediate term up The intermediate term trend has been UP since Apr 3rd, 2018 at 9.1587

short term down The short term trend has been DOWN since Apr 19th, 2018 at 9.1598

Smart Scan Analysis for FREIDX

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

-75
Smart Scan Analysis for FREIDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.1421 9.1421 9.1421 9.1421 -0.0006
Prev. Close Volume Bid Ask Time
9.1421 0 2018-07-20 00:00:00
52wk High9.6852wk High Date2017-05-24
52wk Low9.0552wk Low Date2018-03-22
Year End Close9.3234Payment Date2018-04-25
Want to analyze FT 6561: SENIOR LOAN & LTD DURATION OPPORTUNITIES CLOSED-END PORTF FREIDX or another symbol? Try our Free Mutual Trend Analysis Report.