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Mutual Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

FT 6040: CORPORATE HIGH INCOME PORTFOLIO SERIES 20 (NASDAQ:FTJYLX)

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.

NASDAQ_FTJYLX
Open High Low FTJYLX Price Change
916.28 916.53 916.53 916.28 +0.25
Entry Signal

MarketClub’s Trade Triangles for FTJYLX

long term down The long term trend has been DOWN since Oct 9th, 2019 at 953.81

intermediate term down The intermediate term trend has been DOWN since Oct 9th, 2019 at 956.27

short term up The short term trend has been UP since Oct 16th, 2019 at 915.83

Smart Scan Analysis for FTJYLX

Based on a pre-defined weighted trend formula for chart analysis, FTJYLX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for FTJYLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
916.28 916.53 916.53 916.28 +0.25
Prev. Close Volume Bid Ask Time
916.28 0 916.53 1049.21 2019-10-21 00:00:00
52wk High1049.2100000052wk High Date2019-10-18
52wk Low915.5100000052wk Low Date2019-10-11
Year End Close926.36000000Payment Date2019-10-25
Want to analyze FT 6040: CORPORATE HIGH INCOME PORTFOLIO SERIES 20 FTJYLX or another symbol? Try our Free Mutual Trend Analysis Report.