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Mutual Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

FT 6791: MUNICIPAL INCOME CLOSED-END PORTFOLIO SERIES 70 (NASDAQ:FMBWDX)

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

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

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

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

NASDAQ_FMBWDX
Open High Low FMBWDX Price Change
8.63 8.71 8.71 8.71 +0.08
Entry Signal

MarketClub’s Trade Triangles for FMBWDX

long term down The long-term trend has been DOWN since Mar 11th, 2020 at 9.35

intermediate term up The intermediate-term trend has been UP since May 22nd, 2020 at 8.45

short term up The short-term trend has been UP since May 19th, 2020 at 8.33

Smart Scan Analysis for FMBWDX

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

+70
Smart Scan Analysis for FMBWDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.63 8.71 8.71 8.71 +0.08
Prev. Close Volume Bid Ask Time
8.63 0 8.71 9.96 2020-05-29 20:00:00
52wk High9.852wk High Date2020-02-25
52wk Low7.1252wk Low Date2020-03-18
Year End Close9.4Payment Date2020-01-25
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