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Mutual Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

FT 7374: TACTICAL INCOME OPPORTUNITY PORTFOLIO SERIES 5 (NASDAQ:FORNEX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

NASDAQ_FORNEX
Open High Low FORNEX Price Change
9.03 9.04 9.04 9.04 +0.01
Entry Signal

MarketClub’s Trade Triangles for FORNEX

long term down The long term trend has been DOWN since Jun 25th, 2018 at 9.80

intermediate term down The intermediate term trend has been DOWN since Mar 7th, 2019 at 8.99

short term up The short term trend has been UP since Mar 12th, 2019 at 9.06

Smart Scan Analysis for FORNEX

Based on a pre-defined weighted trend formula for chart analysis, FORNEX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for FORNEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.03 9.04 9.04 9.04 +0.01
Prev. Close Volume Bid Ask Time
9.03 0 9.04 9.17 2019-03-25 20:00:00
52wk High201852wk High Date2018-08-27
52wk Low7.9552wk Low Date2018-12-24
Year End Close8.27Payment Date2019-02-25
Want to analyze FT 7374: TACTICAL INCOME OPPORTUNITY PORTFOLIO SERIES 5 FORNEX or another symbol? Try our Free Mutual Trend Analysis Report.