Mutual Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
TEMPLETON GLOBAL BOND FUND CLASS R (NASDAQ:FGBRX)
Strong Downtrend (-100) - FGBRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FGBRX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FGBRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGBRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGBRX
The long-term trend has been DOWN since Apr 22nd, 2022 at 8.70
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 8.30
The short-term trend has been DOWN since Jun 7th, 2022 at 8.45
Smart Scan Analysis for FGBRX
Based on our trend formula, FGBRX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.33||52wk High Date||2021-06-25|
|52wk Low||8.04||52wk Low Date||2022-06-23|
|Year End Close||8.84||Payment Date||2022-02-23|