Mutual Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
INVESTMENT GRADE INCOME TRUST 10-20-YEAR SERIES 48 (NASDAQ:IFRTYX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 IFRTYX
The long term trend has been UP since Apr 11th, 2017 at 1119.630005
The intermediate term trend has been UP since Nov 2nd, 2017 at 1155.189941
The short term trend has been DOWN since Nov 7th, 2017 at 1158.329956
Smart Scan Analysis for IFRTYX
Based on a pre-defined weighted trend formula for chart analysis, IFRTYX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1166.880005||52wk High Date||2017-11-22|
|52wk Low||1087.18||52wk Low Date||2016-12-16|
|Year End Close||1097.329956||Yield||4.12|