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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

World Uranium Index (EUR) (CME:URAXP)

Sidelines Mode (-55) - URAXP 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 URAXP?

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

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

CME_URAXP
Open High Low URAXP Price Change
901.23 915.61 899.90 909.05 +5.89
Entry Signal

MarketClub’s Trade Triangles for URAXP

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 851.83

intermediate term up The intermediate-term trend has been UP since Mar 24th, 2024 at 916.81

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 901.44

Smart Scan Analysis for URAXP

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

-55
Smart Scan Analysis for URAXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
901.23 915.61 899.90 909.05 +5.89
Prev. Close Volume Bid Ask Time
909.05 0 2024-03-28 17:51:17
52wk High314.2252wk High Date2018-06-06
52wk Low258.3852wk Low Date2018-03-29
Estimated Volume2
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