Mutual Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
RYDEX SERIES FDS STRENGTHENING DOLLAR 2X FUND A CLASS (NASDAQ:RYSDX)
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 RYSDX
The long term trend has been UP since May 1st, 2018 at 45.34
The intermediate term trend has been DOWN since Dec 20th, 2018 at 51.07
The short term trend has been UP since Jan 15th, 2019 at 50.22
Smart Scan Analysis for RYSDX
Based on a pre-defined weighted trend formula for chart analysis, RYSDX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-11-12|
|52wk Low||41.9||52wk Low Date||2018-02-01|
|Year End Close||50.67|