Mutual Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
RYDEX SERIES FDS WEAKENING DOLLAR 2X STRATEGY FUND A CLASS (NASDAQ:RYWDX)
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 RYWDX
The long term trend has been DOWN since Apr 30th, 2018 at 74.52
The intermediate term trend has been UP since Dec 20th, 2018 at 65.64
The short term trend has been DOWN since Jan 15th, 2019 at 66.59
Smart Scan Analysis for RYWDX
Based on a pre-defined weighted trend formula for chart analysis, RYWDX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-02-01|
|52wk Low||64.44||52wk Low Date||2018-12-14|
|Year End Close||66.05||Payment Date||2007-12-14|