Mutual Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
FRANKLIN MINNESOTA TAX-FREE INCOME FUND CLASS A (NASDAQ:FMNQX)
Bull Market Weakness (+75) - FMNQX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FMNQX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FMNQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMNQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMNQX
The long-term trend has been DOWN since Mar 1st, 2023 at 11.02
The intermediate-term trend has been UP since Mar 13th, 2023 at 11.07
The short-term trend has been UP since Mar 23rd, 2023 at 11.16
Smart Scan Analysis for FMNQX
Based on our trend formula, FMNQX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.24||52wk High Date||2022-04-04|
|52wk Low||10.45||52wk Low Date||2022-10-25|
|Year End Close||11.05||Payment Date||2022-02-28|