Mutual Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
WELLS FARGO TARGET 2060 FUND CLASS R (NASDAQ:WFRFX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 WFRFX
The long term trend has been DOWN since Oct 10th, 2018 at 11.64
The intermediate term trend has been UP since Jan 10th, 2019 at 10.57
The short term trend has been DOWN since Mar 22nd, 2019 at 11.29
Smart Scan Analysis for WFRFX
Based on a pre-defined weighted trend formula for chart analysis, WFRFX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-09-21|
|52wk Low||9.8||52wk Low Date||2018-12-24|
|Year End Close||10.22||Payment Date||2018-12-13|