Mutual Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
RETAIL PRIME OBLIGATIONS FUND CLASS A (NASDAQ:FAPXX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 FAPXX
The long term trend has been UP since Dec 21st, 2016 at 0.02
The intermediate term trend has been DOWN since Feb 8th, 2019 at 2.16
The short term trend has been DOWN since Feb 4th, 2019 at 2.26
Smart Scan Analysis for FAPXX
Based on a pre-defined weighted trend formula for chart analysis, FAPXX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).