Mutual Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
FT 6200: SENIOR LOAN SELECT CLOSED-END PORTFOLIO SERIES 20 (NASDAQ:FWODNX)
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.
MarketClub’s Trade Triangles for FWODNX
The long term trend has been DOWN since Jun 13th, 2018 at 9.6556
The intermediate term trend has been DOWN since May 9th, 2018 at 9.7661
The short term trend has been UP since Jul 23rd, 2018 at 9.4567
Smart Scan Analysis for FWODNX
Based on a pre-defined weighted trend formula for chart analysis, FWODNX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.99||52wk High Date||2017-09-29|
|52wk Low||9.43||52wk Low Date||2018-08-09|
|Year End Close||9.7238||Payment Date||2018-07-25|