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Mutual Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.


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.

Open High Low MREFX Price Change
9.16 9.16 9.16 9.16 -0.07
Entry Signal

MarketClub’s Trade Triangles for MREFX

long term down The long term trend has been DOWN since Feb 8th, 2018 at 11.31

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 10.81

short term up The short term trend has been UP since Nov 26th, 2018 at 9.65

Smart Scan Analysis for MREFX

Based on a pre-defined weighted trend formula for chart analysis, MREFX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MREFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.16 9.16 9.16 9.16 -0.07
Prev. Close Volume Bid Ask Time
9.16 2018-12-07 00:00:00
52wk High12.4452wk High Date2018-01-26
52wk Low9.5852wk Low Date2018-11-20
Year End Close11.51Payment Date2018-12-07
Want to analyze BLACKROCK EUROFUND R MREFX or another symbol? Try our Free Mutual Trend Analysis Report.