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Mutual Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 88 (NASDAQ:FGRMEX)

Weak Downtrend (-65) - FGRMEX is showing signs of a strengthening downtrend. Monitor FGRMEX as it may be building momentum to the downside.

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

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

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

NASDAQ_FGRMEX
Open High Low FGRMEX Price Change
2.2 2.2 2.2 2.2 0.0
Entry Signal

MarketClub’s Trade Triangles for FGRMEX

long term down The long-term trend has been DOWN since May 25th, 2017 at 3.80

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2020 at 2.24

short term up The short-term trend has been UP since May 13th, 2020 at 2.19

Smart Scan Analysis for FGRMEX

Based on our trend formula, FGRMEX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for FGRMEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2 2.2 2.2 2.2 0.0
Prev. Close Volume Bid Ask Time
2.2 0 2.2 2020-05-22 20:00:00
52wk High2.4852wk High Date2019-05-28
52wk Low2.1852wk Low Date2020-04-30
Year End Close2.24Yield4.47
Payment Date2020-01-31
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