Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
CALIFORNIA TAX-FREE BOND FUND - I CL (NASDAQ:TCFEX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 TCFEX
The long term trend has been DOWN since Sep 7th, 2018 at 11.32
The intermediate term trend has been DOWN since Jul 26th, 2018 at 11.36
The short term trend has been UP since Sep 28th, 2018 at 11.22
Smart Scan Analysis for TCFEX
Based on a pre-defined weighted trend formula for chart analysis, TCFEX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.6||52wk High Date||2017-11-08|
|52wk Low||11.13||52wk Low Date||2018-10-10|
|Year End Close||11.55||Yield||3.23|