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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
RYDEX SERIES FDS WEAKENING DOLLAR 2X STRATEGY FUND A CLASS (NASDAQ:RYWDX)
Bear Market Rally (-75) - RYWDX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYWDX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYWDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYWDX.
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 RYWDX
The long-term trend has been DOWN since Apr 1st, 2024 at 45.94
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 46.65
The short-term trend has been UP since Apr 17th, 2024 at 44.89
Smart Scan Analysis for RYWDX
Based on our trend formula, RYWDX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.80 | 44.80 | 44.80 | 45.26 | +0.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.09 | 0 | 45.19 | 47.44 | 2024-04-23 20:00:00 |
| 52wk High | 54.16 | 52wk High Date | 2023-07-13 |
| 52wk Low | 44.64 | 52wk Low Date | 2024-04-16 |
| Year End Close | 49.22 | Payment Date | 2007-12-14 |