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Mutual Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

INVESCO GLOBAL MARKET NEUTRAL FUND CL Y (NASDAQ:MKNYX)

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

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

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

NASDAQ_MKNYX
Open High Low MKNYX Price Change
5.42 5.46 5.46 5.46 +0.04
Entry Signal

MarketClub’s Trade Triangles for MKNYX

long term down The long-term trend has been DOWN since Apr 20th, 2020 at 5.74

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2020 at 5.80

short term down The short-term trend has been DOWN since Apr 30th, 2020 at 5.75

Smart Scan Analysis for MKNYX

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

-90
Smart Scan Analysis for MKNYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.42 5.46 5.46 5.46 +0.04
Prev. Close Volume Bid Ask Time
5.46 0 5.46 5.46 2020-05-27 20:00:00
52wk High6.1652wk High Date2019-06-24
52wk Low5.4252wk Low Date2020-05-26
Year End Close5.85Payment Date2018-12-14
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