Mutual Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
FT 6329: CORPORATE HIGH INCOME PORTFOLIO SERIES 23 (NASDAQ:FYNZHX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FYNZHX
The long term trend has been DOWN since Nov 9th, 2017 at 1043.880005
The intermediate term trend has been DOWN since Oct 4th, 2018 at 999.739968
The short term trend has been UP since Nov 28th, 2018 at 987.219968
Smart Scan Analysis for FYNZHX
Based on a pre-defined weighted trend formula for chart analysis, FYNZHX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1040.91||52wk High Date||2017-12-13|
|52wk Low||986.789952||52wk Low Date||2018-11-27|
|Year End Close||1038.020032||Payment Date||2018-11-25|