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Mutual Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Franklin New York Tax-Free Income Fund Class A1 (NASDAQ:FNYTX)

Strong Downtrend (-100) - FNYTX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FNYTX continues to fall. Traders should use caution and set stops.

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

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

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

NASDAQ_FNYTX
Open High Low FNYTX Price Change
9.54 9.54 9.54 9.44 -0.07
Entry Signal

MarketClub’s Trade Triangles for FNYTX

long term down The long-term trend has been DOWN since Aug 18th, 2023 at 9.72

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 9.86

short term down The short-term trend has been DOWN since Sep 6th, 2023 at 9.70

Smart Scan Analysis for FNYTX

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

-100
Smart Scan Analysis for FNYTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.54 9.54 9.54 9.44 -0.07
Prev. Close Volume Bid Ask Time
9.45 0 9.47 9.84 2023-09-25 17:28:38
52wk High10.4552wk High Date2023-04-12
52wk Low9.2152wk Low Date2022-10-25
Year End Close9.69Payment Date2023-08-31
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