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Mutual Trend Analysis Report

Prepared for you on Wednesday, September 11, 2024.

FRANKLIN U.S. GOVERNMENT MONEY FUND CLASS R6 (NASDAQ:FRRXX)

Countertrend Down (-85) - FRRXX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid FRRXX?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRRXX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FRRXX
Open High Low FRRXX Price Change
0.00 4.86 4.86 1.00 0.00
Entry Signal

MarketClub’s Trade Triangles for FRRXX

long term down The long-term trend has been DOWN since Jan 29th, 2024 at 4.89

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2024 at 4.88

short term up The short-term trend has been UP since Aug 28th, 2024 at 4.86

Smart Scan Analysis for FRRXX

Based on our trend formula, FRRXX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FRRXX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00 4.86 4.86 1.00 0.00
Prev. Close Volume Bid Ask Time
0.00 0 12.00 2024-09-03 20:00:00
52wk High5.0152wk High Date2023-12-21
52wk Low4.6752wk Low Date2024-06-28
Average Volume16Payment Date2024-09-11
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