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Mutual Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
RYDEX SERIES FDS WEAKENING DOLLAR 2X STRATEGY FUND A CLASS (NASDAQ:RYWDX)
Long-Term Uptrend (+90) - RYWDX is in a strong uptrend that is likely to continue. While RYWDX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 1st, 2022 at 46.30
The intermediate-term trend has been UP since Jan 9th, 2023 at 48.34
The short-term trend has been UP since Jan 19th, 2023 at 49.59
Smart Scan Analysis for RYWDX
Based on our trend formula, RYWDX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.91 | 49.91 | 49.91 | 49.78 | -0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.91 | 0 | 49.78 | 52.26 | 2023-01-27 20:00:00 |
| 52wk High | 59.36 | 52wk High Date | 2022-02-03 |
| 52wk Low | 40.16 | 52wk Low Date | 2022-09-27 |
| Year End Close | 48.34 | Payment Date | 2007-12-14 |