Mutual Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
FRANKLIN PELAGOS COMMODITIES STRATEGY FUND - CL R6 (NASDAQ:FPELX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.
MarketClub’s Trade Triangles for FPELX
The long term trend has been DOWN since May 7th, 2019 at 5.66
The intermediate term trend has been DOWN since Jul 18th, 2019 at 5.54
The short term trend has been DOWN since Jul 17th, 2019 at 5.58
Smart Scan Analysis for FPELX
Based on a pre-defined weighted trend formula for chart analysis, FPELX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-05-25|
|52wk Low||5.33||52wk Low Date||2019-06-05|
|Year End Close||5.46||Payment Date||2018-12-31|