Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Franklin Liberty Municipal Bond ETF (GIF:FLMB)
Weak Downtrend (-65) - FLMB is showing signs of a strengthening downtrend. Monitor FLMB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FLMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLMB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FLMB
The long-term trend has been UP since Jul 7th, 2020 at 26.679
The intermediate-term trend has been DOWN since Aug 25th, 2020 at 27.034
The short-term trend has been DOWN since Oct 20th, 2020 at 26.696
Smart Scan Analysis for FLMB
Based on our trend formula, FLMB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).