Mutual Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
TEMPLETON CHINA WORLD FUND CLASS A (NASDAQ:TCWAX)
Countertrend Down (-85) - TCWAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TCWAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCWAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TCWAX
The long-term trend has been DOWN since Dec 18th, 2020 at 19.65
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 20.44
The short-term trend has been UP since Mar 1st, 2021 at 20.42
Smart Scan Analysis for TCWAX
Based on our trend formula, TCWAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||23.92||52wk High Date||2020-11-06|
|52wk Low||13.42||52wk Low Date||2020-03-19|
|Year End Close||18.15||Assets||227,952,760M|