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Mutual Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

INVESCO GLOBAL MARKET NEUTRAL FUND CL R6 (NASDAQ:MKNSX)

Long-Term Downtrend (-90) - MKNSX is in a strong downtrend that is likely to continue. While MKNSX 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 MKNSX?

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

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

NASDAQ_MKNSX
Open High Low MKNSX Price Change
5.37 5.37 5.37 5.37 0.00
Entry Signal

MarketClub’s Trade Triangles for MKNSX

long term down The long-term trend has been DOWN since Apr 20th, 2020 at 5.75

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2020 at 5.81

short term down The short-term trend has been DOWN since Jul 6th, 2020 at 5.41

Smart Scan Analysis for MKNSX

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

-90
Smart Scan Analysis for MKNSX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.37 5.37 5.37 5.37 0.00
Prev. Close Volume Bid Ask Time
5.38 0 5.37 5.37 2020-07-30 20:00:00
52wk High6.0352wk High Date2019-08-06
52wk Low5.3752wk Low Date2020-07-28
Year End Close5.87Payment Date2018-12-14
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