Mutual Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
DOUBLELINE EMERGING MARKETS LOCAL CURRENCY BOND FUND CLASS N (NASDAQ:DLELX)
Crossroads (-60) - DLELX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DLELX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DLELX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DLELX
The long-term trend has been UP since Nov 6th, 2020 at 9.62
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 10.00
The short-term trend has been DOWN since Feb 16th, 2021 at 10.00
Smart Scan Analysis for DLELX
Based on our trend formula, DLELX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.15||52wk High Date||2020-12-17|
|52wk Low||8.29||52wk Low Date||2020-03-23|
|Year End Close||10.11||Payment Date||2020-06-30|