Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
RYDEX SERIES FDS WEAKENING DOLLAR 2X STRATEGY FUND H CLASS (NASDAQ:RYWBX)
Sidelines Mode (+55) - RYWBX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 14th, 2023 at 48.34
The intermediate-term trend has been UP since Feb 26th, 2024 at 46.69
The short-term trend has been DOWN since Mar 12th, 2024 at 47.71
Smart Scan Analysis for RYWBX
Based on our trend formula, RYWBX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
46.56 | 46.56 | 46.56 | 46.33 | -0.37 |
Prev. Close | Volume | Bid | Ask | Time |
46.32 | 0 | 46.19 | 46.19 | 2024-03-22 20:00:00 |
52wk High | 51.49 | 52wk High Date | 2023-07-13 |
52wk Low | 44.68 | 52wk Low Date | 2023-10-03 |
Year End Close | 49.13 |