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Turkish Investment Fund Has Returned 18.1% Since SmarTrend Recommendation (TKF)
Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Turkish Investment Fund (NYSE:TKF) on June 15th, 2012 at $13.27. In approximately 5 months, Turkish Investment Fund has returned 18.06% as of today's recent price of $15.66.
Over the past year, Turkish Investment Fund has traded in a range of $10.81 to $16.09 and is now at $15.66, 45% above that low. The 200-day and 50-day moving averages have moved 0.40% higher and 0.46% higher over the past week, respectively.
Turkish Investment Fund, Inc. is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is long-term capital appreciation. The Fund invests at least 80% of its net assets in equity securities of Turkish companies.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Turkish Investment Fund shares.Log in and add Turkish Investment Fund (TKF) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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