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Index Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

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
877.49 880.36 872.70 878.87 -1.82
Entry Signal

MarketClub’s Trade Triangles for ERIXPD

long term down The long term trend has been DOWN since Oct 23rd, 2017 at 952.10

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2017 at 955.06

short term up The short term trend has been UP since Dec 7th, 2017 at 870.52

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
877.49 880.36 872.70 878.87 -1.82
Prev. Close Volume Bid Ask Time
878.87 0 2017-12-08 11:51:18
52wk High1014.7752wk High Date2017-07-27
52wk Low698.2352wk Low Date2016-12-12
Want to analyze EUROPEAN RENEWABLE ENERGY PRICE INDEX (U) ERIXPD or another symbol? Try our Free Index Trend Analysis Report.