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Mutual Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

MERK HARD CURRENCY INVESTOR SHARES (NASDAQ:MERKX)

Long-Term Downtrend (-90) - MERKX is in a strong downtrend that is likely to continue. While MERKX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MERKX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MERKX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MERKX
Open High Low MERKX Price Change
8.45 8.44 8.44 8.44 -0.01
Entry Signal

MarketClub’s Trade Triangles for MERKX

long term down The long-term trend has been DOWN since Feb 7th, 2020 at 8.95

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 8.89

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 8.50

Smart Scan Analysis for MERKX

Based on our trend formula, MERKX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MERKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.45 8.44 8.44 8.44 -0.01
Prev. Close Volume Bid Ask Time
8.38 0 8.44 8.44 2020-04-02 18:25:00
52wk High9.2552wk High Date2019-12-31
52wk Low8.0652wk Low Date2020-03-20
Year End Close9.25Payment Date2018-06-29
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