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Mutual Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

RYDEX SERIES FDS STRENGTHENING DOLLAR 2X FUND A CLASS (NASDAQ:RYSDX)

Weak Uptrend (+65) - RYSDX is showing signs of weakening momentum to the upside. Monitor RYSDX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RYSDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYSDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYSDX
Open High Low RYSDX Price Change
63.94 63.94 63.94 64.06 -0.40
Entry Signal

MarketClub’s Trade Triangles for RYSDX

long term up The long-term trend has been UP since Mar 28th, 2024 at 62.63

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2024 at 63.75

short term up The short-term trend has been UP since May 20th, 2024 at 63.17

Smart Scan Analysis for RYSDX

Based on our trend formula, RYSDX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RYSDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.94 63.94 63.94 64.06 -0.40
Prev. Close Volume Bid Ask Time
63.54 0 63.54 66.71 2024-05-24 20:00:00
52wk High68.4652wk High Date2024-04-30
52wk Low55.8652wk Low Date2023-07-13
Year End Close58.08
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