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Mutual Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

FRANKLIN FLOATING RATE DAILY ACCESS FUND CLASS R6 (NASDAQ:FFRDX)

Bull Market Weakness (+75) - FFRDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FFRDX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FFRDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FFRDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FFRDX
Open High Low FFRDX Price Change
7.67 7.67 7.67 7.67 0.00
Entry Signal

MarketClub’s Trade Triangles for FFRDX

long term up The long-term trend has been UP since Jul 17th, 2020 at 7.41

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2021 at 7.62

short term up The short-term trend has been UP since Apr 9th, 2021 at 7.63

Smart Scan Analysis for FFRDX

Based on our trend formula, FFRDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for FFRDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.67 7.67 7.67 7.67 0.00
Prev. Close Volume Bid Ask Time
7.67 0 7.67 7.67 2021-04-15 20:00:00
52wk High7.6752wk High Date2021-03-26
52wk Low7.1652wk Low Date2020-05-06
Year End Close7.54Payment Date2020-05-29
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