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Mutual Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

THE FIRST TRUST COMBINED SERIES 405 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FGOHZX)

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

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

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

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

NASDAQ_FGOHZX
Open High Low FGOHZX Price Change
850.30 850.98 850.98 850.98 +0.68
Entry Signal

MarketClub’s Trade Triangles for FGOHZX

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 895.19

intermediate term up The intermediate-term trend has been UP since May 15th, 2020 at 848.19

short term up The short-term trend has been UP since May 4th, 2020 at 842.51

Smart Scan Analysis for FGOHZX

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

+70
Smart Scan Analysis for FGOHZX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
850.30 850.98 850.98 850.98 +0.68
Prev. Close Volume Bid Ask Time
850.30 0 850.98 1005.07 2020-05-22 20:00:00
52wk High1005.0752wk High Date2020-03-30
52wk Low819.9252wk Low Date2020-03-20
Year End Close955.229952Yield3.92
Payment Date2020-01-25
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