Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
THE FIRST TRUST COMBINED SERIES 361 TAX EXEMPT MUNICIPAL INCOME TRUST (NASDAQ:FWRLTX)
Strong Downtrend (-100) - FWRLTX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FWRLTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FWRLTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FWRLTX
The long-term trend has been DOWN since Mar 9th, 2020 at 697.17
The intermediate-term trend has been DOWN since Jun 9th, 2021 at 403.78
The short-term trend has been DOWN since Jun 9th, 2021 at 404.37
Smart Scan Analysis for FWRLTX
Based on our trend formula, FWRLTX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||688.39||52wk High Date||2020-06-23|
|52wk Low||334.15||52wk Low Date||2021-06-22|
|Year End Close||1041.129984||Yield||4.48|