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Mutual Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

THE FIRST TRUST COMBINED SERIES 361 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FWRLTX)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_FWRLTX
Open High Low FWRLTX Price Change
699.92 700.59 700.59 700.59 +0.67
Entry Signal

MarketClub’s Trade Triangles for FWRLTX

long term down The long term trend has been DOWN since Jun 7th, 2019 at 935.80

intermediate term up The intermediate term trend has been UP since Jan 6th, 2020 at 698.57

short term up The short term trend has been UP since Dec 27th, 2019 at 697.43

Smart Scan Analysis for FWRLTX

Based on a pre-defined weighted trend formula for chart analysis, FWRLTX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for FWRLTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
699.92 700.59 700.59 700.59 +0.67
Prev. Close Volume Bid Ask Time
699.92 0 700.59 723.07 2020-01-17 18:25:00
52wk High970.7152wk High Date2019-05-29
52wk Low697.1752wk Low Date2019-12-26
Year End Close1041.129984Yield4.48
Payment Date2020-01-25
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