Mutual Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
JPMORGAN MUNICIPAL MONEY MARKET FUND INSTITUTIONAL SHARES (NASDAQ:IJMXX)
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 IJMXX
The long term trend has been DOWN since Jan 10th, 2019 at 1.36
The intermediate term trend has been DOWN since Jan 4th, 2019 at 1.48
The short term trend has been DOWN since Jan 3rd, 2019 at 1.54
Smart Scan Analysis for IJMXX
Based on a pre-defined weighted trend formula for chart analysis, IJMXX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).