Mutual Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
FT 8350: NEW JERSEY & NEW YORK MUNICIPAL INCOME SELECT CLOSED-END PORT (NASDAQ:FRCPQX)
Weak Uptrend (+65) - FRCPQX is showing signs of weakening momentum to the upside. Monitor FRCPQX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FRCPQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRCPQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRCPQX
The long-term trend has been UP since Dec 1st, 2020 at 9.33
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 10.25
The short-term trend has been UP since Sep 14th, 2021 at 10.20
Smart Scan Analysis for FRCPQX
Based on our trend formula, FRCPQX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.33||52wk High Date||2021-08-03|
|52wk Low||8.9||52wk Low Date||2020-10-28|