Mutual Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
FT 6662: MUNI INCOME PLUS CLOSED-END PORTFOLIO SERIES 60 (NASDAQ:FVEZNX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FVEZNX
The long term trend has been DOWN since Oct 6th, 2017 at 9.6127
The intermediate term trend has been DOWN since Jan 12th, 2018 at 9.4122
The short term trend has been DOWN since Jan 9th, 2018 at 9.5276
Smart Scan Analysis for FVEZNX
Based on a pre-defined weighted trend formula for chart analysis, FVEZNX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.86||52wk High Date||2017-07-31|
|52wk Low||9.38||52wk Low Date||2018-01-18|
|Year End Close||9.4734||Payment Date||2018-01-25|