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Index Trend Analysis Report

Prepared for you on Saturday, June 14, 2025.

First Trust Municipal Closed-End Fund Index (CME:MNCEF)

Long-Term Downtrend (-90) - MNCEF is in a strong downtrend that is likely to continue. While MNCEF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MNCEF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MNCEF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_MNCEF
Open High Low MNCEF Price Change
742.59 742.60 740.05 741.01 -5.68
Entry Signal

MarketClub’s Trade Triangles for MNCEF

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 789.55

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2025 at 741.26

short term down The short-term trend has been DOWN since Jun 13th, 2025 at 740.64

Smart Scan Analysis for MNCEF

Based on our trend formula, MNCEF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MNCEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
742.59 742.60 740.05 741.01 -5.68
Prev. Close Volume Bid Ask Time
741.01 0 2025-06-13 16:19:47
52wk High990.5152wk High Date2017-12-07
52wk Low857.1952wk Low Date2018-10-30
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