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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

FIRST TRUST MUNI CLOSED-END FUND TO (CME:MNCEFT)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.

CME_MNCEFT
Open High Low MNCEFT Price Change
2125.49 2125.49 2125.49 2125.49 0.00
Entry Signal

MarketClub’s Trade Triangles for MNCEFT

long term up The long term trend has been UP since Dec 18th, 2018 at 1967.82

intermediate term up The intermediate term trend has been UP since Apr 30th, 2019 at 2098.63

short term down The short term trend has been DOWN since May 21st, 2019 at 2125.92

Smart Scan Analysis for MNCEFT

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

+85
Smart Scan Analysis for MNCEFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2125.49 2125.49 2125.49 2125.49 0.00
Prev. Close Volume Bid Ask Time
2015.5 0 2019-05-23 18:00:34
52wk High2027.0352wk High Date2017-12-08
52wk Low1839.0252wk Low Date2018-10-30
Want to analyze FIRST TRUST MUNI CLOSED-END FUND TO MNCEFT or another symbol? Try our Free Index Trend Analysis Report.