Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
JPMORGAN INSTITUTIONAL TAX FREE MONEY MARKET FUND - INSTITUTIONAL (NASDAQ:JOFXX)
Sidelines Mode (-55) - JOFXX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JOFXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for JOFXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JOFXX
The long-term trend has been DOWN since Apr 13th, 2020 at 0.66
The intermediate-term trend has been DOWN since Aug 10th, 2020 at 0.07
The short-term trend has been UP since Sep 15th, 2020 at 0.01
Smart Scan Analysis for JOFXX
Based on our trend formula, JOFXX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.53||52wk High Date||2020-03-26|
|52wk Low||0.01||52wk Low Date||2020-09-14|