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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

World Uranium Total Return Index (USD) (CME:URAXD)

Sidelines Mode (-55) - URAXD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid URAXD?

MarketClub looks at technical strength and momentum to determine if the timing is right for URAXD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_URAXD
Open High Low URAXD Price Change
1071.79 1086.68 1068.42 1078.89 +4.60
Entry Signal

MarketClub’s Trade Triangles for URAXD

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 1012.51

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 1101.01

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 1075.64

Smart Scan Analysis for URAXD

Based on our trend formula, URAXD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for URAXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1071.79 1086.68 1068.42 1078.89 +4.60
Prev. Close Volume Bid Ask Time
1078.89 0 2024-03-28 17:51:17
52wk High333.7452wk High Date2018-06-07
52wk Low275.152wk Low Date2017-11-30
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