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Mutual Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

THE FIRST TRUST COMBINED SERIES 423 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FROGLX)

Countertrend Down (-85) - FROGLX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid FROGLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FROGLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FROGLX
Open High Low FROGLX Price Change
282.20 282.20 282.20 282.09 -0.02
Entry Signal

MarketClub’s Trade Triangles for FROGLX

long term down The long-term trend has been DOWN since Mar 17th, 2021 at 883.98

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2024 at 283.09

short term up The short-term trend has been UP since Mar 13th, 2024 at 282.17

Smart Scan Analysis for FROGLX

Based on our trend formula, FROGLX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FROGLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
282.20 282.20 282.20 282.09 -0.02
Prev. Close Volume Bid Ask Time
282.18 0 282.18 1050.51 2024-03-15 20:00:00
52wk High1050.5152wk High Date2024-03-15
52wk Low281.5652wk Low Date2023-10-24
Year End Close720.96Yield3.71
Payment Date2024-03-25
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