Mutual Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
INVESTORS QUALITY TAX-EXEMPT TRUST SERIES 161 (NASDAQ:VKQLSX)
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.
MarketClub’s Trade Triangles for VKQLSX
The long term trend has been DOWN since Jul 6th, 2017 at 932.530029
The intermediate term trend has been DOWN since Jul 26th, 2018 at 903.099976
The short term trend has been UP since Nov 8th, 2018 at 889.390016
Smart Scan Analysis for VKQLSX
Based on a pre-defined weighted trend formula for chart analysis, VKQLSX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||919.03||52wk High Date||2017-12-06|
|52wk Low||889.31||52wk Low Date||2018-11-06|
|Year End Close||916.179968||Yield||4.27|