Mutual Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
Franklin Oregon Tax-Free Income Fund Class Advisor (NASDAQ:FOFZX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FOFZX
The long term trend has been DOWN since Nov 7th, 2019 at 11.63
The intermediate term trend has been UP since Nov 26th, 2019 at 11.69
The short term trend has been UP since Dec 3rd, 2019 at 11.69
Smart Scan Analysis for FOFZX
Based on a pre-defined weighted trend formula for chart analysis, FOFZX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.85||52wk High Date||2019-08-28|
|52wk Low||11.27||52wk Low Date||2018-12-14|
|Year End Close||11.32||Payment Date||2019-11-29|