I actually wouldn't use an eq for that, I'd do it the easy way.
All that effect is is a filter sweep with a high or moderately high Q, peak or presence, whichever term you prefer. It's been around for decades...
Pick a synth that can process audio input that has a filter with a Q setting that makes it whistle or whoosh when played (i.e. the filter resonates). Then back the Q off a bit. Then automate the filter frequency using track automation or an LFO in the synth itself. As well as automating the filter for the main frequency swoops try faster, more gentle modulations of the filter frequency at the same time. Same goes for the Q.
The most commonly used filter type for this is a high-pass, but bandpass and lowpass can do interesting things as well. The high Q generates that peak at the filter frequency, then the filter's rejection of frequencies outside it's setting makes the steep fall off.
Sometimes feeding a little white noise into the filter with the audio helps, sometimes it doesn't.
Waves' One Knob Filter is pretty good at this sort of thing and is often on sale.
The traditional tool for this kind of thing would be a voltage controlled filter which doesn't suffer from the "stepping" you might hear with a MIDI controlled one as the frequency increases. The "automation" then being done either with a control voltage source (e.g. an LFO) or by a human turning the relevant knobs.