Mutual Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
JOHN HANCOCK FUNDS II ABSOLUTE RETURN CURRENCY FUND CLASS R4 (NASDAQ:JARRX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 JARRX
The long term trend has been DOWN since Sep 16th, 2019 at 8.90
The intermediate term trend has been UP since Oct 17th, 2019 at 9.01
The short term trend has been DOWN since Oct 24th, 2019 at 9.06
Smart Scan Analysis for JARRX
Based on a pre-defined weighted trend formula for chart analysis, JARRX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.31||52wk High Date||2018-12-18|
|52wk Low||8.84||52wk Low Date||2019-10-15|
|Year End Close||9.17||Payment Date||2018-12-21|