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Mutual Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

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, FWRLTX 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.

NASDAQ_FWRLTX
Open High Low FWRLTX Price Change
241.60 241.60 241.60 240.66 -0.46
Entry Signal

MarketClub’s Trade Triangles for FWRLTX

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 697.17

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2022 at 245.13

short term down The short-term trend has been DOWN since Dec 30th, 2021 at 245.24

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).

-100
Smart Scan Analysis for FWRLTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
241.60 241.60 241.60 240.66 -0.46
Prev. Close Volume Bid Ask Time
240.98 0 241.14 598.04 2022-01-19 20:00:00
52wk High598.0452wk High Date2022-01-20
52wk Low240.9852wk Low Date2022-01-20
Year End Close1041.129984Yield4.48
Payment Date2022-01-25
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