Mutual Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
INVESTORS QUALITY TAX-EXEMPT TRUST SERIES 161 (NASDAQ:VKQLSX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for VKQLSX
The long term trend has been DOWN since Jul 10th, 2019 at 894.97
The intermediate term trend has been UP since Jan 14th, 2020 at 869.66
The short term trend has been UP since Jan 3rd, 2020 at 868.79
Smart Scan Analysis for VKQLSX
Based on a pre-defined weighted trend formula for chart analysis, VKQLSX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||900.31||52wk High Date||2019-06-07|
|52wk Low||868.6||52wk Low Date||2019-12-30|
|Year End Close||868.6||Yield||4.22|