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Mutual Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

MFS GLOBAL BOND FUND CL R1 (NASDAQ:MGBKX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.

NASDAQ_MGBKX
Open High Low MGBKX Price Change
9.08 9.08 9.08 9.07 0.00
Entry Signal

MarketClub’s Trade Triangles for MGBKX

long term down The long term trend has been DOWN since Nov 7th, 2019 at 9.07

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 9.18

short term up The short term trend has been UP since Dec 3rd, 2019 at 9.07

Smart Scan Analysis for MGBKX

Based on a pre-defined weighted trend formula for chart analysis, MGBKX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for MGBKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.08 9.08 9.08 9.07 0.00
Prev. Close Volume Bid Ask Time
9.08 0 9.08 9.08 2019-12-06 00:00:00
52wk High9.2652wk High Date2019-08-28
52wk Low8.4452wk Low Date2018-12-11
Year End Close8.58
Want to analyze MFS GLOBAL BOND FUND CL R1 MGBKX or another symbol? Try our Free Mutual Trend Analysis Report.