Mutual Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
T. ROWE PRICE INTERMEDIATE TAX-FREE HIGH YIELD FUND - I CLASS (NASDAQ:TFHAX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for TFHAX
The long term trend has been DOWN since Nov 7th, 2019 at 10.62
The intermediate term trend has been UP since Dec 3rd, 2019 at 10.63
The short term trend has been DOWN since Jan 13th, 2020 at 10.66
Smart Scan Analysis for TFHAX
Based on a pre-defined weighted trend formula for chart analysis, TFHAX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.72||52wk High Date||2019-08-28|
|52wk Low||10.25||52wk Low Date||2019-01-23|
|Year End Close||10.62||Yield||2.9195|