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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
RYDEX SERIES FDS WEAKENING DOLLAR 2X STRATEGY FUND H CLASS (NASDAQ:RYWBX)
Long-Term Downtrend (-90) - RYWBX is in a strong downtrend that is likely to continue. While RYWBX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYWBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYWBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RYWBX
The long-term trend has been DOWN since Apr 1st, 2024 at 45.85
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 46.56
The short-term trend has been DOWN since Apr 10th, 2024 at 46.32
Smart Scan Analysis for RYWBX
Based on our trend formula, RYWBX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.01 | 45.01 | 45.01 | 45.18 | +0.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.01 | 0 | 45.18 | 45.18 | 2024-04-25 20:00:00 |
| 52wk High | 51.49 | 52wk High Date | 2023-07-13 |
| 52wk Low | 44.56 | 52wk Low Date | 2024-04-16 |
| Year End Close | 49.13 |