Mutual Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
TEMPLETON GROWTH FUND CL R6 (NASDAQ:FTGFX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FTGFX
The long term trend has been DOWN since Oct 11th, 2018 at 26.36
The intermediate term trend has been UP since Mar 19th, 2019 at 22.94
The short term trend has been UP since Apr 12th, 2019 at 22.87
Smart Scan Analysis for FTGFX
Based on a pre-defined weighted trend formula for chart analysis, FTGFX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-02-26|
|52wk Low||20.17||52wk Low Date||2018-12-24|
|Year End Close||20.69||Payment Date||2018-12-18|