Mutual Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
TRANSAMERICA GOVERNMENT MONEY MARKET CLASS R2 (NASDAQ:TGRXX)
Bear Market Rally (-75) - TGRXX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TGRXX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TGRXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TGRXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TGRXX
The long-term trend has been DOWN since Aug 1st, 2019 at 1.89
The intermediate-term trend has been DOWN since Aug 5th, 2020 at 0.30
The short-term trend has been DOWN since Sep 8th, 2020 at 0.30
Smart Scan Analysis for TGRXX
Based on our trend formula, TGRXX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.95||52wk High Date||2019-09-18|
|52wk Low||0.04||52wk Low Date||2020-05-14|