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Mutual Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

MFS GLOBAL BOND FUND CL R1 (NASDAQ:MGBKX)

Strong Uptrend (+100) - MGBKX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGBKX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

NASDAQ_MGBKX
Open High Low MGBKX Price Change
9.63 9.59 9.59 9.59 -0.04
Entry Signal

MarketClub’s Trade Triangles for MGBKX

long term up The long-term trend has been UP since Jul 6th, 2020 at 9.28

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 8.83

short term up The short-term trend has been UP since Jul 2nd, 2020 at 9.24

Smart Scan Analysis for MGBKX

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

+100
Smart Scan Analysis for MGBKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.63 9.59 9.59 9.59 -0.04
Prev. Close Volume Bid Ask Time
9.63 0 9.59 9.59 2020-08-07 20:00:00
52wk High9.6352wk High Date2020-08-06
52wk Low8.3252wk Low Date2020-03-18
Year End Close9.09
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