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Mutual Trend Analysis Report

Prepared for you on Tuesday, September 27, 2022.

THE FIRST TRUST COMBINED SERIES 536: TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FORCHX)

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

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

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

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

NASDAQ_FORCHX
Open High Low FORCHX Price Change
882.39 882.39 882.39 870.66 -11.73
Entry Signal

MarketClub’s Trade Triangles for FORCHX

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 1092.17

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2022 at 964.96

short term down The short-term trend has been DOWN since Sep 13th, 2022 at 909.29

Smart Scan Analysis for FORCHX

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

-100
Smart Scan Analysis for FORCHX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
882.39 882.39 882.39 870.66 -11.73
Prev. Close Volume Bid Ask Time
882.39 0 870.66 1077.91 2022-09-26 20:00:00
52wk High1095.1252wk High Date2021-09-24
52wk Low882.3952wk Low Date2022-09-23
Year End Close1092.36Payment Date2022-08-25
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