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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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
7.86 7.86 7.86 7.84 0.00
Entry Signal

MarketClub’s Trade Triangles for FFRDX

long term up The long-term trend has been UP since Jan 10th, 2023 at 7.41

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 7.83

short term up The short-term trend has been UP since Feb 16th, 2024 at 7.81

Smart Scan Analysis for FFRDX

Based on our trend formula, FFRDX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FFRDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.86 7.86 7.86 7.84 0.00
Prev. Close Volume Bid Ask Time
7.84 0 7.86 7.86 2024-03-25 20:00:00
52wk High7.8652wk High Date2024-03-25
52wk Low7.4652wk Low Date2023-06-01
Year End Close7.76Payment Date2023-08-31
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