Mutual Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
FRANKLIN OREGON TAX-FREE INCOME FUND CLASS A1 (NASDAQ:FRORX)
Long-Term Downtrend (-90) - FRORX is in a strong downtrend that is likely to continue. While FRORX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FRORX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRORX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FRORX
The long-term trend has been DOWN since Oct 5th, 2020 at 11.80
The intermediate-term trend has been DOWN since Aug 20th, 2020 at 11.91
The short-term trend has been DOWN since Oct 20th, 2020 at 11.75
Smart Scan Analysis for FRORX
Based on our trend formula, FRORX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.05||52wk High Date||2020-03-09|
|52wk Low||10.82||52wk Low Date||2020-03-20|
|Year End Close||11.67||Payment Date||2020-01-31|