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Mutual Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

PIMCO EMERGING MARKETS LOCAL CURRENCY AND BOND FUND CLASS A (NASDAQ:PELAX)

Sidelines Mode (-55) - PELAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_PELAX
Open High Low PELAX Price Change
6.47 6.47 6.47 6.49 +0.02
Entry Signal

MarketClub’s Trade Triangles for PELAX

long term down The long-term trend has been DOWN since Sep 28th, 2020 at 6.36

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2020 at 6.50

short term up The short-term trend has been UP since Oct 20th, 2020 at 6.45

Smart Scan Analysis for PELAX

Based on our trend formula, PELAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PELAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.47 6.47 6.47 6.49 +0.02
Prev. Close Volume Bid Ask Time
6.49 0 6.49 6.74 2020-10-21 20:00:00
52wk High7.2252wk High Date2020-01-02
52wk Low5.3752wk Low Date2020-03-23
Year End Close7.21
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