Mutual Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
RYDEX SERIES FUNDS WEAKENING DOLLAR 2X STRATEGYFUND C CL (NASDAQ:RYWJX)
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 RYWJX
The long term trend has been UP since Jan 2nd, 2018 at 67.30
The intermediate term trend has been UP since Mar 23rd, 2018 at 70.71
The short term trend has been DOWN since Mar 28th, 2018 at 70.74
Smart Scan Analysis for RYWJX
Based on a pre-defined weighted trend formula for chart analysis, RYWJX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||72.68||52wk High Date||2018-02-01|
|52wk Low||61.42||52wk Low Date||2018-06-27|
|Year End Close||67.3|