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.
MarketClub’s Trade Triangles for FORCHX
The long-term trend has been DOWN since Sep 28th, 2021 at 1092.17
The intermediate-term trend has been DOWN since Aug 17th, 2022 at 964.96
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).
|52wk High||1095.12||52wk High Date||2021-09-24|
|52wk Low||882.39||52wk Low Date||2022-09-23|
|Year End Close||1092.36||Payment Date||2022-08-25|