Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

WORLD SOLAR ENERGY INDEX (EUR) (CME:SOLEXP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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_SOLEXP
Open High Low SOLEXP Price Change
89.36 0.00 0.00 89.32 +0.30
Entry Signal

MarketClub’s Trade Triangles for SOLEXP

long term down The long term trend has been DOWN since Jun 28th, 2018 at 108.91

intermediate term down The intermediate term trend has been DOWN since Jun 3rd, 2018 at 125.45

short term up The short term trend has been UP since Oct 15th, 2018 at 88.90

Smart Scan Analysis for SOLEXP

Based on a pre-defined weighted trend formula for chart analysis, SOLEXP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SOLEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.36 0.00 0.00 89.32 +0.30
Prev. Close Volume Bid Ask Time
89.02 0 2018-10-16 01:20:19
52wk High129.7552wk High Date2018-05-16
52wk Low86.6252wk Low Date2018-10-12
Want to analyze WORLD SOLAR ENERGY INDEX (EUR) SOLEXP or another symbol? Try our Free Index Trend Analysis Report.