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Index Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

EUROPEAN RENEWABLE ENERGY PRICE INDEX (U) (CME:ERIXPD)

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_ERIXPD
Open High Low ERIXPD Price Change
993.64 1004.93 980.78 985.94 -3.40
Entry Signal

MarketClub’s Trade Triangles for ERIXPD

long term up The long term trend has been UP since Jan 16th, 2018 at 1008.09

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2018 at 977.73

short term up The short term trend has been UP since Feb 14th, 2018 at 969.87

Smart Scan Analysis for ERIXPD

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

-55
Smart Scan Analysis for ERIXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
993.64 1004.93 980.78 985.94 -3.40
Prev. Close Volume Bid Ask Time
985.94 0 2018-02-16 11:54:48
52wk High1044.7152wk High Date2018-01-24
52wk Low826.3452wk Low Date2017-02-24
Want to analyze EUROPEAN RENEWABLE ENERGY PRICE INDEX (U) ERIXPD or another symbol? Try our Free Index Trend Analysis Report.