Mutual Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
FT 7074: GLOBAL BOND INCOME CLOSED-END PORTFOLIO SERIES 27 (NASDAQ:FYTDBX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FYTDBX
The long term trend has been DOWN since Feb 5th, 2018 at 9.6844
The intermediate term trend has been UP since Jul 13th, 2018 at 8.6389
The short term trend has been UP since Jul 19th, 2018 at 8.6387
Smart Scan Analysis for FYTDBX
Based on a pre-defined weighted trend formula for chart analysis, FYTDBX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.9||52wk High Date||2018-01-26|
|52wk Low||8.5063||52wk Low Date||2018-08-13|
|Year End Close||9.7456||Payment Date||2018-08-25|