Mutual Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
EMERALD BANKING AND FINANCE FD - INVESTOR CL (NASDAQ:FFBFX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FFBFX
The long term trend has been UP since Jul 30th, 2019 at 31.29
The intermediate term trend has been DOWN since Aug 5th, 2019 at 30.28
The short term trend has been DOWN since Aug 9th, 2019 at 29.93
Smart Scan Analysis for FFBFX
Based on a pre-defined weighted trend formula for chart analysis, FFBFX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-06-20|
|52wk Low||26.24||52wk Low Date||2018-12-24|
|Year End Close||27.49||Payment Date||2018-12-18|