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Mutual Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

NEWFOUND MUTLI-ASSET INCOME FUND FUND CLASS A (NASDAQ:NFMAX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_NFMAX
Open High Low NFMAX Price Change
8.94 8.94 8.94 8.94 0.00
Entry Signal

MarketClub’s Trade Triangles for NFMAX

long term down The long term trend has been DOWN since Oct 2nd, 2019 at 8.84

intermediate term up The intermediate term trend has been UP since Oct 21st, 2019 at 8.93

short term up The short term trend has been UP since Oct 31st, 2019 at 8.95

Smart Scan Analysis for NFMAX

Based on a pre-defined weighted trend formula for chart analysis, NFMAX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NFMAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.94 8.94 8.94 8.94 0.00
Prev. Close Volume Bid Ask Time
8.94 0 8.94 9.49 2019-11-12 20:00:00
52wk High9.3552wk High Date2018-12-03
52wk Low8.3852wk Low Date2018-12-24
Year End Close8.6Payment Date2016-03-31
Want to analyze NEWFOUND MUTLI-ASSET INCOME FUND FUND CLASS A NFMAX or another symbol? Try our Free Mutual Trend Analysis Report.