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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

EUROPEAN RENEWABLE ENERGY TOTAL RETURN I (CME:ERIXD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_ERIXD
Open High Low ERIXD Price Change
1093.77 1118.40 1071.98 1111.06 +17.29
Entry Signal

MarketClub’s Trade Triangles for ERIXD

long term down The long term trend has been DOWN since Oct 10th, 2018 at 1016.49

intermediate term up The intermediate term trend has been UP since Nov 7th, 2018 at 1048.38

short term down The short term trend has been DOWN since Dec 6th, 2018 at 1106.27

Smart Scan Analysis for ERIXD

Based on a pre-defined weighted trend formula for chart analysis, ERIXD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ERIXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1093.77 1118.40 1071.98 1111.06 +17.29
Prev. Close Volume Bid Ask Time
1120.63 0 2018-12-12 07:32:18
52wk High1167.9752wk High Date2018-05-22
52wk Low926.4952wk Low Date2017-12-06
Want to analyze EUROPEAN RENEWABLE ENERGY TOTAL RETURN I ERIXD or another symbol? Try our Free Index Trend Analysis Report.