Mutual Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
FALLING U.S. DOLLAR PROFUND INVESTOR CLASS (NASDAQ:FDPIX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 FDPIX
The long term trend has been DOWN since May 1st, 2018 at 17.62
The intermediate term trend has been UP since Jun 4th, 2019 at 16.26
The short term trend has been UP since Jul 11th, 2019 at 16.24
Smart Scan Analysis for FDPIX
Based on a pre-defined weighted trend formula for chart analysis, FDPIX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-06-07|
|52wk Low||16.1||52wk Low Date||2019-05-29|
|Year End Close||16.58||Payment Date||2010-12-31|